Taisei Lamick Balance Sheet Health
Financial Health criteria checks 6/6
Taisei Lamick has a total shareholder equity of ¥23.3B and total debt of ¥41.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ¥30.9B and ¥7.6B respectively. Taisei Lamick's EBIT is ¥1.6B making its interest coverage ratio -51.1. It has cash and short-term investments of ¥4.9B.
Key information
0.2%
Debt to equity ratio
JP¥41.00m
Debt
Interest coverage ratio | -51.1x |
Cash | JP¥4.88b |
Equity | JP¥23.31b |
Total liabilities | JP¥7.58b |
Total assets | JP¥30.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4994's short term assets (¥16.6B) exceed its short term liabilities (¥7.1B).
Long Term Liabilities: 4994's short term assets (¥16.6B) exceed its long term liabilities (¥503.0M).
Debt to Equity History and Analysis
Debt Level: 4994 has more cash than its total debt.
Reducing Debt: 4994's debt to equity ratio has reduced from 11.1% to 0.2% over the past 5 years.
Debt Coverage: 4994's debt is well covered by operating cash flow (2134.1%).
Interest Coverage: 4994 earns more interest than it pays, so coverage of interest payments is not a concern.