Taiyo Bussan KaishaLtd Balance Sheet Health
Financial Health criteria checks 4/6
Taiyo Bussan KaishaLtd has a total shareholder equity of ¥744.0M and total debt of ¥6.0B, which brings its debt-to-equity ratio to 802.2%. Its total assets and total liabilities are ¥7.9B and ¥7.1B respectively. Taiyo Bussan KaishaLtd's EBIT is ¥273.0M making its interest coverage ratio 5.4. It has cash and short-term investments of ¥1.3B.
Key information
802.2%
Debt to equity ratio
JP¥5.97b
Debt
Interest coverage ratio | 5.4x |
Cash | JP¥1.25b |
Equity | JP¥744.00m |
Total liabilities | JP¥7.14b |
Total assets | JP¥7.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9941's short term assets (¥7.3B) exceed its short term liabilities (¥7.0B).
Long Term Liabilities: 9941's short term assets (¥7.3B) exceed its long term liabilities (¥145.0M).
Debt to Equity History and Analysis
Debt Level: 9941's net debt to equity ratio (634.1%) is considered high.
Reducing Debt: 9941's debt to equity ratio has reduced from 4105.6% to 802.2% over the past 5 years.
Debt Coverage: 9941's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9941's interest payments on its debt are well covered by EBIT (5.4x coverage).