TakanoLtd Balance Sheet Health
Financial Health criteria checks 6/6
TakanoLtd has a total shareholder equity of ¥31.1B and total debt of ¥126.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ¥38.1B and ¥7.0B respectively. TakanoLtd's EBIT is ¥776.0M making its interest coverage ratio -12.9. It has cash and short-term investments of ¥9.7B.
Key information
0.4%
Debt to equity ratio
JP¥126.00m
Debt
| Interest coverage ratio | -12.9x |
| Cash | JP¥9.69b |
| Equity | JP¥31.15b |
| Total liabilities | JP¥6.97b |
| Total assets | JP¥38.11b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7885's short term assets (¥24.0B) exceed its short term liabilities (¥6.0B).
Long Term Liabilities: 7885's short term assets (¥24.0B) exceed its long term liabilities (¥926.0M).
Debt to Equity History and Analysis
Debt Level: 7885 has more cash than its total debt.
Reducing Debt: 7885's debt to equity ratio has reduced from 0.5% to 0.4% over the past 5 years.
Debt Coverage: 7885's debt is well covered by operating cash flow (1331.7%).
Interest Coverage: 7885 earns more interest than it pays, so coverage of interest payments is not a concern.