Taisei Lamick Balance Sheet Health
Financial Health criteria checks 6/6
Taisei Lamick has a total shareholder equity of ¥24.5B and total debt of ¥4.0M, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are ¥32.6B and ¥8.1B respectively. Taisei Lamick's EBIT is ¥2.1B making its interest coverage ratio -48.5. It has cash and short-term investments of ¥5.6B.
Key information
0.02%
Debt to equity ratio
JP¥4.00m
Debt
| Interest coverage ratio | -48.5x |
| Cash | JP¥5.63b |
| Equity | JP¥24.49b |
| Total liabilities | JP¥8.09b |
| Total assets | JP¥32.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4994's short term assets (¥17.1B) exceed its short term liabilities (¥7.6B).
Long Term Liabilities: 4994's short term assets (¥17.1B) exceed its long term liabilities (¥464.0M).
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 8.7% to 0.02% over the past 5 years.
Debt Coverage: 4994's debt is well covered by operating cash flow (103325%).
Interest Coverage: 4994 earns more interest than it pays, so coverage of interest payments is not a concern.