Take and Give. Needs Balance Sheet Health
Financial Health criteria checks 2/6
Take and Give. Needs has a total shareholder equity of ¥17.3B and total debt of ¥24.1B, which brings its debt-to-equity ratio to 139.4%. Its total assets and total liabilities are ¥53.4B and ¥36.1B respectively. Take and Give. Needs's EBIT is ¥2.5B making its interest coverage ratio 5.2. It has cash and short-term investments of ¥9.6B.
Key information
139.4%
Debt to equity ratio
JP¥24.15b
Debt
Interest coverage ratio | 5.2x |
Cash | JP¥9.56b |
Equity | JP¥17.32b |
Total liabilities | JP¥36.08b |
Total assets | JP¥53.40b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4331's short term assets (¥14.2B) exceed its short term liabilities (¥13.6B).
Long Term Liabilities: 4331's short term assets (¥14.2B) do not cover its long term liabilities (¥22.5B).
Debt to Equity History and Analysis
Debt Level: 4331's net debt to equity ratio (84.3%) is considered high.
Reducing Debt: 4331's debt to equity ratio has increased from 80% to 139.4% over the past 5 years.
Debt Coverage: 4331's debt is not well covered by operating cash flow (8%).
Interest Coverage: 4331's interest payments on its debt are well covered by EBIT (5.2x coverage).