Takamisawa Cybernetics Company Balance Sheet Health
Financial Health criteria checks 5/6
Takamisawa Cybernetics Company has a total shareholder equity of ¥5.1B and total debt of ¥4.7B, which brings its debt-to-equity ratio to 92.6%. Its total assets and total liabilities are ¥17.6B and ¥12.6B respectively. Takamisawa Cybernetics Company's EBIT is ¥984.0M making its interest coverage ratio 22.4. It has cash and short-term investments of ¥2.9B.
Key information
92.6%
Debt to equity ratio
JP¥4.70b
Debt
| Interest coverage ratio | 22.4x |
| Cash | JP¥2.94b |
| Equity | JP¥5.07b |
| Total liabilities | JP¥12.58b |
| Total assets | JP¥17.65b |
Recent financial health updates
Does Takamisawa Cybernetics Company (TYO:6424) Have A Healthy Balance Sheet?
Apr 05
Here's Why Takamisawa Cybernetics Company (TYO:6424) Can Manage Its Debt Responsibly
Jan 04
Recent updates
Takamisawa Cybernetics Company (TSE:6424) Shareholders Will Want The ROCE Trajectory To Continue
Sep 02Takamisawa Cybernetics Company, Ltd.'s (TSE:6424) 32% Dip In Price Shows Sentiment Is Matching Earnings
Aug 05Does Takamisawa Cybernetics Company (TYO:6424) Have A Healthy Balance Sheet?
Apr 05Our Take On The Returns On Capital At Takamisawa Cybernetics Company (TYO:6424)
Mar 15Could Takamisawa Cybernetics Company, Ltd. (TYO:6424) Have The Makings Of Another Dividend Aristocrat?
Feb 16Boasting A 14% Return On Equity, Is Takamisawa Cybernetics Company, Ltd. (TYO:6424) A Top Quality Stock?
Jan 26Here's Why Takamisawa Cybernetics Company (TYO:6424) Can Manage Its Debt Responsibly
Jan 04Our Take On The Returns On Capital At Takamisawa Cybernetics Company (TYO:6424)
Dec 14Should You Use Takamisawa Cybernetics Company's (TYO:6424) Statutory Earnings To Analyse It?
Nov 22Financial Position Analysis
Short Term Liabilities: 6424's short term assets (¥12.8B) exceed its short term liabilities (¥8.6B).
Long Term Liabilities: 6424's short term assets (¥12.8B) exceed its long term liabilities (¥4.0B).
Debt to Equity History and Analysis
Debt Level: 6424's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: 6424's debt to equity ratio has reduced from 245.1% to 92.6% over the past 5 years.
Debt Coverage: 6424's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 6424's interest payments on its debt are well covered by EBIT (22.4x coverage).