Takara Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Takara Holdings has a total shareholder equity of ¥280.5B and total debt of ¥40.4B, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are ¥437.5B and ¥157.0B respectively. Takara Holdings's EBIT is ¥22.2B making its interest coverage ratio -23.3. It has cash and short-term investments of ¥95.1B.
Key information
14.4%
Debt to equity ratio
JP¥40.43b
Debt
Interest coverage ratio | -23.3x |
Cash | JP¥95.09b |
Equity | JP¥280.46b |
Total liabilities | JP¥157.01b |
Total assets | JP¥437.47b |
Financial Position Analysis
Short Term Liabilities: 2531's short term assets (¥245.2B) exceed its short term liabilities (¥80.7B).
Long Term Liabilities: 2531's short term assets (¥245.2B) exceed its long term liabilities (¥76.3B).
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 14.4% over the past 5 years.
Debt Coverage: 2531's debt is well covered by operating cash flow (72.2%).
Interest Coverage: 2531 earns more interest than it pays, so coverage of interest payments is not a concern.