Takashimaya Company Balance Sheet Health
Financial Health criteria checks 3/6
Takashimaya Company has a total shareholder equity of ¥478.8B and total debt of ¥209.0B, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are ¥1,270.5B and ¥791.7B respectively. Takashimaya Company's EBIT is ¥45.9B making its interest coverage ratio 19.5. It has cash and short-term investments of ¥94.8B.
Key information
43.6%
Debt to equity ratio
JP¥208.95b
Debt
Interest coverage ratio | 19.5x |
Cash | JP¥94.75b |
Equity | JP¥478.80b |
Total liabilities | JP¥791.68b |
Total assets | JP¥1.27t |
Financial Position Analysis
Short Term Liabilities: 8233's short term assets (¥327.8B) do not cover its short term liabilities (¥417.3B).
Long Term Liabilities: 8233's short term assets (¥327.8B) do not cover its long term liabilities (¥374.4B).
Debt to Equity History and Analysis
Debt Level: 8233's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: 8233's debt to equity ratio has increased from 42.2% to 43.6% over the past 5 years.
Debt Coverage: 8233's debt is well covered by operating cash flow (28.5%).
Interest Coverage: 8233's interest payments on its debt are well covered by EBIT (19.5x coverage).