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).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 16:10 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Taiyo Holdings Co., Ltd. is covered by 7 analysts. 3 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 |
|---|---|
| Kazuki Sakaguchi | Daiwa Securities Co. Ltd. |
| Keita Ikeda | Daiwa Securities Co. Ltd. |
| Koichi Hariya | Ichiyoshi Research Institute Inc. |