Taiyo Bussan KaishaLtd Balance Sheet Health
Financial Health criteria checks 4/6
Taiyo Bussan KaishaLtd has a total shareholder equity of ¥690.0M and total debt of ¥5.3B, which brings its debt-to-equity ratio to 771.2%. Its total assets and total liabilities are ¥7.1B and ¥6.4B respectively. Taiyo Bussan KaishaLtd's EBIT is ¥211.0M making its interest coverage ratio 4.2. It has cash and short-term investments of ¥981.0M.
Key information
771.2%
Debt to equity ratio
JP¥5.32b
Debt
Interest coverage ratio | 4.2x |
Cash | JP¥981.00m |
Equity | JP¥690.00m |
Total liabilities | JP¥6.37b |
Total assets | JP¥7.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9941's short term assets (¥6.5B) exceed its short term liabilities (¥6.2B).
Long Term Liabilities: 9941's short term assets (¥6.5B) exceed its long term liabilities (¥139.0M).
Debt to Equity History and Analysis
Debt Level: 9941's net debt to equity ratio (629%) is considered high.
Reducing Debt: 9941's debt to equity ratio has reduced from 4777.6% to 771.2% over the past 5 years.
Debt Coverage: 9941's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: 9941's interest payments on its debt are well covered by EBIT (4.2x coverage).