Tayca Balance Sheet Health
Financial Health criteria checks 4/6
Tayca has a total shareholder equity of ¥56.6B and total debt of ¥10.2B, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are ¥81.0B and ¥24.4B respectively. Tayca's EBIT is ¥2.2B making its interest coverage ratio -10.9. It has cash and short-term investments of ¥12.8B.
Key information
18.0%
Debt to equity ratio
JP¥10.20b
Debt
Interest coverage ratio | -10.9x |
Cash | JP¥12.80b |
Equity | JP¥56.61b |
Total liabilities | JP¥24.42b |
Total assets | JP¥81.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4027's short term assets (¥48.8B) exceed its short term liabilities (¥13.0B).
Long Term Liabilities: 4027's short term assets (¥48.8B) exceed its long term liabilities (¥11.4B).
Debt to Equity History and Analysis
Debt Level: 4027 has more cash than its total debt.
Reducing Debt: 4027's debt to equity ratio has increased from 2.1% to 18% over the past 5 years.
Debt Coverage: 4027's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4027 earns more interest than it pays, so coverage of interest payments is not a concern.