Taiyo Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Taiyo Holdings has a total shareholder equity of ¥106.1B and total debt of ¥77.5B, which brings its debt-to-equity ratio to 73%. Its total assets and total liabilities are ¥206.8B and ¥100.8B respectively. Taiyo Holdings's EBIT is ¥21.5B making its interest coverage ratio 45.4. It has cash and short-term investments of ¥53.3B.
Key information
73.0%
Debt to equity ratio
JP¥77.48b
Debt
| Interest coverage ratio | 45.4x |
| Cash | JP¥53.34b |
| Equity | JP¥106.06b |
| Total liabilities | JP¥100.76b |
| Total assets | JP¥206.82b |
Recent financial health updates
No updates
Recent updates
We Like Taiyo Holdings' (TSE:4626) Earnings For More Than Just Statutory Profit
Nov 13
Investors Appear Satisfied With Taiyo Holdings Co., Ltd.'s (TSE:4626) Prospects
Oct 31Taiyo Holdings (TSE:4626) Is Due To Pay A Dividend Of ¥40.00
Sep 17Taiyo Holdings (TSE:4626) Has Announced A Dividend Of ¥40.00
Aug 09Taiyo Holdings (TSE:4626) Has Announced A Dividend Of ¥40.00
Jul 26Why Investors Shouldn't Be Surprised By Taiyo Holdings Co., Ltd.'s (TSE:4626) P/E
Jul 25Taiyo Holdings (TSE:4626) Is Due To Pay A Dividend Of ¥40.00
Jul 12There May Be Some Bright Spots In Taiyo Holdings' (TSE:4626) Earnings
May 08Is Taiyo Holdings Co., Ltd. (TSE:4626) Trading At A 28% Discount?
Apr 21Taiyo Holdings (TSE:4626) Hasn't Managed To Accelerate Its Returns
Apr 08Financial Position Analysis
Short Term Liabilities: 4626's short term assets (¥105.0B) exceed its short term liabilities (¥43.7B).
Long Term Liabilities: 4626's short term assets (¥105.0B) exceed its long term liabilities (¥57.1B).
Debt to Equity History and Analysis
Debt Level: 4626's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: 4626's debt to equity ratio has reduced from 85.1% to 73% over the past 5 years.
Debt Coverage: 4626's debt is well covered by operating cash flow (28.7%).
Interest Coverage: 4626's interest payments on its debt are well covered by EBIT (45.4x coverage).