Takara Balance Sheet Health
Financial Health criteria checks 6/6
Takara has a total shareholder equity of ¥28.5B and total debt of ¥99.9M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ¥34.6B and ¥6.1B respectively. Takara's EBIT is ¥4.1B making its interest coverage ratio -58.7. It has cash and short-term investments of ¥16.2B.
Key information
0.4%
Debt to equity ratio
JP¥99.85m
Debt
| Interest coverage ratio | -58.7x |
| Cash | JP¥16.25b |
| Equity | JP¥28.53b |
| Total liabilities | JP¥6.09b |
| Total assets | JP¥34.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7921's short term assets (¥20.2B) exceed its short term liabilities (¥4.9B).
Long Term Liabilities: 7921's short term assets (¥20.2B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 7921 has more cash than its total debt.
Reducing Debt: 7921's debt to equity ratio has reduced from 4.4% to 0.4% over the past 5 years.
Debt Coverage: 7921's debt is well covered by operating cash flow (3360%).
Interest Coverage: 7921 earns more interest than it pays, so coverage of interest payments is not a concern.