Taiheiyo Kouhatsu Balance Sheet Health
Financial Health criteria checks 4/6
Taiheiyo Kouhatsu has a total shareholder equity of ¥16.1B and total debt of ¥17.6B, which brings its debt-to-equity ratio to 109.5%. Its total assets and total liabilities are ¥50.1B and ¥34.0B respectively. Taiheiyo Kouhatsu's EBIT is ¥1.0B making its interest coverage ratio 4.4. It has cash and short-term investments of ¥6.1B.
Key information
109.5%
Debt to equity ratio
JP¥17.62b
Debt
| Interest coverage ratio | 4.4x |
| Cash | JP¥6.09b |
| Equity | JP¥16.10b |
| Total liabilities | JP¥33.98b |
| Total assets | JP¥50.07b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8835's short term assets (¥21.8B) exceed its short term liabilities (¥20.5B).
Long Term Liabilities: 8835's short term assets (¥21.8B) exceed its long term liabilities (¥13.5B).
Debt to Equity History and Analysis
Debt Level: 8835's net debt to equity ratio (71.6%) is considered high.
Reducing Debt: 8835's debt to equity ratio has reduced from 119% to 109.5% over the past 5 years.
Debt Coverage: 8835's debt is not well covered by operating cash flow (11%).
Interest Coverage: 8835's interest payments on its debt are well covered by EBIT (4.4x coverage).