Takachiho KohekiLtd Balance Sheet Health
Financial Health criteria checks 5/6
Takachiho KohekiLtd has a total shareholder equity of ¥16.5B and total debt of ¥1,000.0M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ¥23.2B and ¥6.7B respectively. Takachiho KohekiLtd's EBIT is ¥1.7B making its interest coverage ratio -14.8. It has cash and short-term investments of ¥6.2B.
Key information
6.1%
Debt to equity ratio
JP¥1.00b
Debt
| Interest coverage ratio | -14.8x |
| Cash | JP¥6.16b |
| Equity | JP¥16.51b |
| Total liabilities | JP¥6.74b |
| Total assets | JP¥23.25b |
Recent financial health updates
No updates
Recent updates
Takachiho KohekiLtd (TSE:2676) Has Announced A Dividend Of ¥58.00
Sep 04
Takachiho KohekiLtd (TSE:2676) Is Due To Pay A Dividend Of ¥58.00
Aug 21Takachiho KohekiLtd's (TSE:2676) Dividend Will Be ¥58.00
Jul 25Takachiho KohekiLtd (TSE:2676) Is Due To Pay A Dividend Of ¥58.00
Jul 11Takachiho KohekiLtd's (TSE:2676) Promising Earnings May Rest On Soft Foundations
May 21Financial Position Analysis
Short Term Liabilities: 2676's short term assets (¥19.0B) exceed its short term liabilities (¥6.0B).
Long Term Liabilities: 2676's short term assets (¥19.0B) exceed its long term liabilities (¥727.0M).
Debt to Equity History and Analysis
Debt Level: 2676 has more cash than its total debt.
Reducing Debt: 2676's debt to equity ratio has increased from 0% to 6.1% over the past 5 years.
Debt Coverage: 2676's debt is well covered by operating cash flow (193.2%).
Interest Coverage: 2676 earns more interest than it pays, so coverage of interest payments is not a concern.