Takara Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Takara Holdings has a total shareholder equity of ¥278.2B and total debt of ¥40.5B, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are ¥434.7B and ¥156.5B respectively. Takara Holdings's EBIT is ¥20.8B making its interest coverage ratio -25.3. It has cash and short-term investments of ¥85.4B.
Key information
14.6%
Debt to equity ratio
JP¥40.50b
Debt
Interest coverage ratio | -25.3x |
Cash | JP¥85.38b |
Equity | JP¥278.22b |
Total liabilities | JP¥156.53b |
Total assets | JP¥434.74b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2531's short term assets (¥248.1B) exceed its short term liabilities (¥82.0B).
Long Term Liabilities: 2531's short term assets (¥248.1B) exceed its long term liabilities (¥74.5B).
Debt to Equity History and Analysis
Debt Level: 2531 has more cash than its total debt.
Reducing Debt: 2531's debt to equity ratio has reduced from 22.5% to 14.6% over the past 5 years.
Debt Coverage: 2531's debt is well covered by operating cash flow (131.3%).
Interest Coverage: 2531 earns more interest than it pays, so coverage of interest payments is not a concern.