Takamisawa Cybernetics Company Balance Sheet Health
Financial Health criteria checks 5/6
Takamisawa Cybernetics Company has a total shareholder equity of ¥5.4B and total debt of ¥4.5B, which brings its debt-to-equity ratio to 82.7%. Its total assets and total liabilities are ¥15.9B and ¥10.5B respectively. Takamisawa Cybernetics Company's EBIT is ¥2.0B making its interest coverage ratio 41.6. It has cash and short-term investments of ¥2.5B.
Key information
82.7%
Debt to equity ratio
JP¥4.46b
Debt
| Interest coverage ratio | 41.6x |
| Cash | JP¥2.47b |
| Equity | JP¥5.39b |
| Total liabilities | JP¥10.48b |
| Total assets | JP¥15.87b |
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's (TSE:6424) Earnings Are Weaker Than They Seem
Nov 26Improved Earnings Required Before Takamisawa Cybernetics Company, Ltd. (TSE:6424) Shares Find Their Feet
Nov 12Takamisawa 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 (¥11.2B) exceed its short term liabilities (¥6.6B).
Long Term Liabilities: 6424's short term assets (¥11.2B) exceed its long term liabilities (¥3.9B).
Debt to Equity History and Analysis
Debt Level: 6424's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: 6424's debt to equity ratio has reduced from 166.5% to 82.7% over the past 5 years.
Debt Coverage: 6424's debt is not well covered by operating cash flow (7%).
Interest Coverage: 6424's interest payments on its debt are well covered by EBIT (41.6x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 09:04 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Takamisawa Cybernetics Company, Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|