Taoka Chemical Company Balance Sheet Health
Financial Health criteria checks 5/6
Taoka Chemical Company has a total shareholder equity of ¥17.7B and total debt of ¥1.8B, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are ¥29.9B and ¥12.1B respectively. Taoka Chemical Company's EBIT is ¥1.4B making its interest coverage ratio -116.6. It has cash and short-term investments of ¥1.2B.
Key information
10.1%
Debt to equity ratio
JP¥1.80b
Debt
| Interest coverage ratio | -116.6x |
| Cash | JP¥1.17b |
| Equity | JP¥17.75b |
| Total liabilities | JP¥12.13b |
| Total assets | JP¥29.88b |
Recent financial health updates
Recent updates
Taoka Chemical Company (TSE:4113) Will Pay A Larger Dividend Than Last Year At ¥12.00
Dec 03
Taoka Chemical Company, Limited's (TSE:4113) Shares Leap 28% Yet They're Still Not Telling The Full Story
Nov 25Is Taoka Chemical Company (TSE:4113) Using Too Much Debt?
Oct 30Why Investors Shouldn't Be Surprised By Taoka Chemical Company, Limited's (TSE:4113) 27% Share Price Surge
Sep 03Taoka Chemical Company (TSE:4113) Has Announced A Dividend Of ¥9.00
Aug 21Taoka Chemical Company (TSE:4113) Will Pay A Dividend Of ¥9.00
Jul 25Taoka Chemical Company (TSE:4113) Has Affirmed Its Dividend Of ¥9.00
Jul 11Taoka Chemical Company (TSE:4113) Has Announced A Dividend Of ¥9.00
Mar 12Taoka Chemical Company (TSE:4113) Is Paying Out A Dividend Of ¥9.00
Feb 27Financial Position Analysis
Short Term Liabilities: 4113's short term assets (¥15.3B) exceed its short term liabilities (¥8.1B).
Long Term Liabilities: 4113's short term assets (¥15.3B) exceed its long term liabilities (¥4.0B).
Debt to Equity History and Analysis
Debt Level: 4113's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: 4113's debt to equity ratio has increased from 8.5% to 10.1% over the past 5 years.
Debt Coverage: 4113's debt is well covered by operating cash flow (179.2%).
Interest Coverage: 4113 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 03:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Taoka Chemical Company, Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Katsuhiko Ishibashi | Ichiyoshi Research Institute Inc. |