TACLtd Balance Sheet Health
Financial Health criteria checks 4/6
TACLtd has a total shareholder equity of ¥5.8B and total debt of ¥5.9B, which brings its debt-to-equity ratio to 100.9%. Its total assets and total liabilities are ¥20.9B and ¥15.0B respectively.
Key information
100.9%
Debt to equity ratio
JP¥5.90b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥6.37b |
| Equity | JP¥5.85b |
| Total liabilities | JP¥15.02b |
| Total assets | JP¥20.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4319's short term assets (¥11.7B) exceed its short term liabilities (¥10.8B).
Long Term Liabilities: 4319's short term assets (¥11.7B) exceed its long term liabilities (¥4.2B).
Debt to Equity History and Analysis
Debt Level: 4319 has more cash than its total debt.
Reducing Debt: 4319's debt to equity ratio has reduced from 121% to 100.9% over the past 5 years.
Debt Coverage: 4319's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 4319's interest payments on its debt are well covered by EBIT.