Taiheiyo Cement Balance Sheet Health
Financial Health criteria checks 4/6
Taiheiyo Cement has a total shareholder equity of ¥596.4B and total debt of ¥370.5B, which brings its debt-to-equity ratio to 62.1%. Its total assets and total liabilities are ¥1,338.3B and ¥741.9B respectively. Taiheiyo Cement's EBIT is ¥56.5B making its interest coverage ratio -125.2. It has cash and short-term investments of ¥80.1B.
Key information
62.1%
Debt to equity ratio
JP¥370.47b
Debt
Interest coverage ratio | -125.2x |
Cash | JP¥80.10b |
Equity | JP¥596.38b |
Total liabilities | JP¥741.87b |
Total assets | JP¥1.34t |
Recent financial health updates
Recent updates
We Think Taiheiyo Cement (TSE:5233) Is Taking Some Risk With Its Debt
Aug 02Taiheiyo Cement (TSE:5233) Will Want To Turn Around Its Return Trends
Jul 18Taiheiyo Cement Corporation's (TSE:5233) Popularity With Investors Is Clear
Jun 20Estimating The Fair Value Of Taiheiyo Cement Corporation (TSE:5233)
Apr 24Is There Now An Opportunity In Taiheiyo Cement Corporation (TSE:5233)?
Apr 09Be Wary Of Taiheiyo Cement (TSE:5233) And Its Returns On Capital
Mar 15There's Reason For Concern Over Taiheiyo Cement Corporation's (TSE:5233) Price
Feb 29Financial Position Analysis
Short Term Liabilities: 5233's short term assets (¥430.3B) exceed its short term liabilities (¥368.1B).
Long Term Liabilities: 5233's short term assets (¥430.3B) exceed its long term liabilities (¥373.8B).
Debt to Equity History and Analysis
Debt Level: 5233's net debt to equity ratio (48.7%) is considered high.
Reducing Debt: 5233's debt to equity ratio has increased from 62% to 62.1% over the past 5 years.
Debt Coverage: 5233's debt is well covered by operating cash flow (37.9%).
Interest Coverage: 5233 earns more interest than it pays, so coverage of interest payments is not a concern.