Takasago International Balance Sheet Health
Financial Health criteria checks 6/6
Takasago International has a total shareholder equity of ¥130.9B and total debt of ¥46.7B, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are ¥228.4B and ¥97.5B respectively. Takasago International's EBIT is ¥2.3B making its interest coverage ratio -19.5. It has cash and short-term investments of ¥18.3B.
Key information
35.7%
Debt to equity ratio
JP¥46.74b
Debt
Interest coverage ratio | -19.5x |
Cash | JP¥18.33b |
Equity | JP¥130.88b |
Total liabilities | JP¥97.55b |
Total assets | JP¥228.43b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4914's short term assets (¥126.0B) exceed its short term liabilities (¥69.1B).
Long Term Liabilities: 4914's short term assets (¥126.0B) exceed its long term liabilities (¥28.5B).
Debt to Equity History and Analysis
Debt Level: 4914's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: 4914's debt to equity ratio has reduced from 49.7% to 35.7% over the past 5 years.
Debt Coverage: 4914's debt is well covered by operating cash flow (21.4%).
Interest Coverage: 4914 earns more interest than it pays, so coverage of interest payments is not a concern.