Tay Two Balance Sheet Health
Financial Health criteria checks 6/6
Tay Two has a total shareholder equity of ¥5.8B and total debt of ¥3.8B, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are ¥12.7B and ¥6.9B respectively. Tay Two's EBIT is ¥680.0M making its interest coverage ratio 34. It has cash and short-term investments of ¥2.6B.
Key information
66.4%
Debt to equity ratio
JP¥3.83b
Debt
| Interest coverage ratio | 34x |
| Cash | JP¥2.64b |
| Equity | JP¥5.77b |
| Total liabilities | JP¥6.95b |
| Total assets | JP¥12.72b |
Recent financial health updates
No updates
Recent updates
Tay Two Co., Ltd. (TSE:7610) May Have Run Too Fast Too Soon With Recent 37% Price Plummet
Aug 05
Tay Two's (TSE:7610) Soft Earnings Don't Show The Whole Picture
Apr 22We Think You Should Be Aware Of Some Concerning Factors In Tay Two's (TYO:7610) Earnings
Apr 21Returns At Tay Two (TYO:7610) Are On The Way Up
Apr 16Financial Position Analysis
Short Term Liabilities: 7610's short term assets (¥8.8B) exceed its short term liabilities (¥4.3B).
Long Term Liabilities: 7610's short term assets (¥8.8B) exceed its long term liabilities (¥2.6B).
Debt to Equity History and Analysis
Debt Level: 7610's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: 7610's debt to equity ratio has reduced from 73% to 66.4% over the past 5 years.
Debt Coverage: 7610's debt is well covered by operating cash flow (40.1%).
Interest Coverage: 7610's interest payments on its debt are well covered by EBIT (34x coverage).