Taiyo Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Taiyo Holdings has a total shareholder equity of ¥100.4B and total debt of ¥86.7B, which brings its debt-to-equity ratio to 86.4%. Its total assets and total liabilities are ¥212.8B and ¥112.4B respectively. Taiyo Holdings's EBIT is ¥18.2B making its interest coverage ratio 45.3. It has cash and short-term investments of ¥58.6B.
Key information
86.4%
Debt to equity ratio
JP¥86.72b
Debt
| Interest coverage ratio | 45.3x |
| Cash | JP¥58.58b |
| Equity | JP¥100.40b |
| Total liabilities | JP¥112.35b |
| Total assets | JP¥212.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4626's short term assets (¥109.7B) exceed its short term liabilities (¥64.9B).
Long Term Liabilities: 4626's short term assets (¥109.7B) exceed its long term liabilities (¥47.5B).
Debt to Equity History and Analysis
Debt Level: 4626's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: 4626's debt to equity ratio has increased from 28.8% to 86.4% over the past 5 years.
Debt Coverage: 4626's debt is well covered by operating cash flow (24.5%).
Interest Coverage: 4626's interest payments on its debt are well covered by EBIT (45.3x coverage).