THK Balance Sheet Health
Financial Health criteria checks 6/6
THK has a total shareholder equity of ¥373.1B and total debt of ¥95.9B, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are ¥547.2B and ¥174.1B respectively. THK's EBIT is ¥17.4B making its interest coverage ratio -12.9. It has cash and short-term investments of ¥137.0B.
Key information
25.7%
Debt to equity ratio
JP¥95.90b
Debt
| Interest coverage ratio | -12.9x |
| Cash | JP¥137.01b |
| Equity | JP¥373.08b |
| Total liabilities | JP¥174.09b |
| Total assets | JP¥547.17b |
Recent financial health updates
We Think THK (TSE:6481) Can Stay On Top Of Its Debt
Oct 29
Here's Why THK (TSE:6481) Can Manage Its Debt Responsibly
Apr 24Recent updates
A Look At The Intrinsic Value Of THK Co., Ltd. (TSE:6481)
Dec 10Earnings Report: THK Co., Ltd. Missed Revenue Estimates By 7.1%
Nov 17Market Participants Recognise THK Co., Ltd.'s (TSE:6481) Earnings Pushing Shares 34% Higher
Nov 14We Think THK (TSE:6481) Can Stay On Top Of Its Debt
Oct 29Is THK Co., Ltd. (TSE:6481) Expensive For A Reason? A Look At Its Intrinsic Value
Sep 04THK Co., Ltd.'s (TSE:6481) Stock Retreats 26% But Earnings Haven't Escaped The Attention Of Investors
Aug 06THK (TSE:6481) May Have Issues Allocating Its Capital
Jul 12THK (TSE:6481) Has Announced That Its Dividend Will Be Reduced To ¥11.00
Jun 17Analyst Estimates: Here's What Brokers Think Of THK Co., Ltd. (TSE:6481) After Its First-Quarter Report
May 14THK (TSE:6481) Will Pay A Smaller Dividend Than Last Year
May 05Here's Why THK (TSE:6481) Can Manage Its Debt Responsibly
Apr 24Is Now The Time To Look At Buying THK Co., Ltd. (TSE:6481)?
Apr 08THK Co., Ltd. (TSE:6481) Looks Just Right With A 28% Price Jump
Mar 07Financial Position Analysis
Short Term Liabilities: 6481's short term assets (¥317.9B) exceed its short term liabilities (¥77.7B).
Long Term Liabilities: 6481's short term assets (¥317.9B) exceed its long term liabilities (¥96.4B).
Debt to Equity History and Analysis
Debt Level: 6481 has more cash than its total debt.
Reducing Debt: 6481's debt to equity ratio has reduced from 33% to 25.7% over the past 5 years.
Debt Coverage: 6481's debt is well covered by operating cash flow (33.9%).
Interest Coverage: 6481 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 11:36 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
THK Co., Ltd. is covered by 30 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tsutomu Kijima | Barclays |
| Christopher Cintavey | BNP Paribas Securities (Asia) |
| Kenjin Hotta | BofA Global Research |