TakanoLtd Balance Sheet Health
Financial Health criteria checks 6/6
TakanoLtd has a total shareholder equity of ¥31.5B and total debt of ¥138.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ¥39.7B and ¥8.1B respectively. TakanoLtd's EBIT is ¥881.0M making its interest coverage ratio -14.2. It has cash and short-term investments of ¥9.0B.
Key information
0.4%
Debt to equity ratio
JP¥138.00m
Debt
Interest coverage ratio | -14.2x |
Cash | JP¥8.96b |
Equity | JP¥31.53b |
Total liabilities | JP¥8.15b |
Total assets | JP¥39.68b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7885's short term assets (¥25.5B) exceed its short term liabilities (¥7.2B).
Long Term Liabilities: 7885's short term assets (¥25.5B) exceed its long term liabilities (¥954.0M).
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 0.6% to 0.4% over the past 5 years.
Debt Coverage: 7885's debt is well covered by operating cash flow (1038.4%).
Interest Coverage: 7885 earns more interest than it pays, so coverage of interest payments is not a concern.