Titan Kogyo Balance Sheet Health
Financial Health criteria checks 4/6
Titan Kogyo has a total shareholder equity of ¥5.5B and total debt of ¥6.8B, which brings its debt-to-equity ratio to 124.5%. Its total assets and total liabilities are ¥14.6B and ¥9.1B respectively.
Key information
124.5%
Debt to equity ratio
JP¥6.82b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥1.03b |
| Equity | JP¥5.48b |
| Total liabilities | JP¥9.08b |
| Total assets | JP¥14.56b |
Recent financial health updates
Recent updates
Titan Kogyo (TSE:4098) Is Due To Pay A Dividend Of ¥10.00
Nov 16
Is Titan Kogyo (TSE:4098) Using Debt In A Risky Way?
Oct 14Investors Appear Satisfied With Titan Kogyo, Ltd.'s (TSE:4098) Prospects
Aug 06Titan Kogyo's (TSE:4098) Dividend Will Be Reduced To ¥10.00
Mar 22Titan Kogyo (TSE:4098) Has Announced That Its Dividend Will Be Reduced To ¥10.00
Mar 02Financial Position Analysis
Short Term Liabilities: 4098's short term assets (¥7.8B) exceed its short term liabilities (¥5.7B).
Long Term Liabilities: 4098's short term assets (¥7.8B) exceed its long term liabilities (¥3.4B).
Debt to Equity History and Analysis
Debt Level: 4098's net debt to equity ratio (105.7%) is considered high.
Reducing Debt: Insufficient data to determine if 4098's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 4098 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 4098 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.4% per year.