Takasago Tekko K.K Balance Sheet Health
Financial Health criteria checks 6/6
Takasago Tekko K.K has a total shareholder equity of ¥4.4B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥9.7B and ¥5.3B respectively. Takasago Tekko K.K's EBIT is ¥391.0M making its interest coverage ratio 195.5. It has cash and short-term investments of ¥1.7B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | 195.5x |
Cash | JP¥1.70b |
Equity | JP¥4.41b |
Total liabilities | JP¥5.25b |
Total assets | JP¥9.66b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5458's short term assets (¥7.9B) exceed its short term liabilities (¥4.2B).
Long Term Liabilities: 5458's short term assets (¥7.9B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 5458 is debt free.
Reducing Debt: 5458 has no debt compared to 5 years ago when its debt to equity ratio was 13.6%.
Debt Coverage: 5458 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 5458 has no debt, therefore coverage of interest payments is not a concern.