Taki Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Taki Chemical has a total shareholder equity of ¥36.3B and total debt of ¥700.0M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ¥54.7B and ¥18.4B respectively. Taki Chemical's EBIT is ¥1.9B making its interest coverage ratio -5. It has cash and short-term investments of ¥6.7B.
Key information
1.9%
Debt to equity ratio
JP¥700.00m
Debt
| Interest coverage ratio | -5x |
| Cash | JP¥6.74b |
| Equity | JP¥36.30b |
| Total liabilities | JP¥18.37b |
| Total assets | JP¥54.67b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4025's short term assets (¥24.7B) exceed its short term liabilities (¥9.0B).
Long Term Liabilities: 4025's short term assets (¥24.7B) exceed its long term liabilities (¥9.4B).
Debt to Equity History and Analysis
Debt Level: 4025 has more cash than its total debt.
Reducing Debt: 4025's debt to equity ratio has reduced from 4.5% to 1.9% over the past 5 years.
Debt Coverage: 4025's debt is well covered by operating cash flow (426%).
Interest Coverage: 4025 earns more interest than it pays, so coverage of interest payments is not a concern.