Takara StandardLtd Balance Sheet Health
Financial Health criteria checks 5/6
Takara StandardLtd has a total shareholder equity of ¥183.4B and total debt of ¥7.7B, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ¥268.4B and ¥85.0B respectively. Takara StandardLtd's EBIT is ¥11.7B making its interest coverage ratio -35.1. It has cash and short-term investments of ¥56.2B.
Key information
4.2%
Debt to equity ratio
JP¥7.65b
Debt
| Interest coverage ratio | -35.1x |
| Cash | JP¥56.16b |
| Equity | JP¥183.36b |
| Total liabilities | JP¥85.03b |
| Total assets | JP¥268.39b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7981's short term assets (¥160.9B) exceed its short term liabilities (¥62.6B).
Long Term Liabilities: 7981's short term assets (¥160.9B) exceed its long term liabilities (¥22.4B).
Debt to Equity History and Analysis
Debt Level: 7981 has more cash than its total debt.
Reducing Debt: 7981's debt to equity ratio has reduced from 6% to 4.2% over the past 5 years.
Debt Coverage: 7981's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7981 earns more interest than it pays, so coverage of interest payments is not a concern.