Takihyo Balance Sheet Health
Financial Health criteria checks 5/6
Takihyo has a total shareholder equity of ¥30.3B and total debt of ¥6.8B, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are ¥48.6B and ¥18.3B respectively. Takihyo's EBIT is ¥709.0M making its interest coverage ratio 20.9. It has cash and short-term investments of ¥3.4B.
Key information
22.3%
Debt to equity ratio
JP¥6.75b
Debt
Interest coverage ratio | 20.9x |
Cash | JP¥3.44b |
Equity | JP¥30.29b |
Total liabilities | JP¥18.27b |
Total assets | JP¥48.56b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9982's short term assets (¥23.0B) exceed its short term liabilities (¥12.9B).
Long Term Liabilities: 9982's short term assets (¥23.0B) exceed its long term liabilities (¥5.4B).
Debt to Equity History and Analysis
Debt Level: 9982's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: 9982's debt to equity ratio has increased from 10.2% to 22.3% over the past 5 years.
Debt Coverage: 9982's debt is well covered by operating cash flow (55.1%).
Interest Coverage: 9982's interest payments on its debt are well covered by EBIT (20.9x coverage).