Takara Balance Sheet Health
Financial Health criteria checks 6/6
Takara has a total shareholder equity of ¥28.0B and total debt of ¥107.1M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ¥36.2B and ¥8.2B respectively. Takara's EBIT is ¥4.2B making its interest coverage ratio -71.6. It has cash and short-term investments of ¥14.6B.
Key information
0.4%
Debt to equity ratio
JP¥107.07m
Debt
Interest coverage ratio | -71.6x |
Cash | JP¥14.64b |
Equity | JP¥28.00b |
Total liabilities | JP¥8.19b |
Total assets | JP¥36.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7921's short term assets (¥21.5B) exceed its short term liabilities (¥6.9B).
Long Term Liabilities: 7921's short term assets (¥21.5B) 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 4.8% to 0.4% over the past 5 years.
Debt Coverage: 7921's debt is well covered by operating cash flow (3133.9%).
Interest Coverage: 7921 earns more interest than it pays, so coverage of interest payments is not a concern.