Takashima Balance Sheet Health
Financial Health criteria checks 5/6
Takashima has a total shareholder equity of ¥23.6B and total debt of ¥6.9B, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are ¥60.4B and ¥36.8B respectively. Takashima's EBIT is ¥1.8B making its interest coverage ratio -14.5. It has cash and short-term investments of ¥12.4B.
Key information
29.4%
Debt to equity ratio
JP¥6.93b
Debt
Interest coverage ratio | -14.5x |
Cash | JP¥12.37b |
Equity | JP¥23.58b |
Total liabilities | JP¥36.83b |
Total assets | JP¥60.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8007's short term assets (¥43.9B) exceed its short term liabilities (¥32.3B).
Long Term Liabilities: 8007's short term assets (¥43.9B) exceed its long term liabilities (¥4.5B).
Debt to Equity History and Analysis
Debt Level: 8007 has more cash than its total debt.
Reducing Debt: 8007's debt to equity ratio has increased from 21.9% to 29.4% over the past 5 years.
Debt Coverage: 8007's debt is well covered by operating cash flow (87.4%).
Interest Coverage: 8007 earns more interest than it pays, so coverage of interest payments is not a concern.