Takamisawa Cybernetics Company Balance Sheet Health
Financial Health criteria checks 4/6
Takamisawa Cybernetics Company has a total shareholder equity of ¥4.3B and total debt of ¥4.5B, which brings its debt-to-equity ratio to 103.6%. Its total assets and total liabilities are ¥15.0B and ¥10.7B respectively. Takamisawa Cybernetics Company's EBIT is ¥922.0M making its interest coverage ratio 32.9. It has cash and short-term investments of ¥2.3B.
Key information
103.6%
Debt to equity ratio
JP¥4.46b
Debt
| Interest coverage ratio | 32.9x |
| Cash | JP¥2.30b |
| Equity | JP¥4.31b |
| Total liabilities | JP¥10.70b |
| Total assets | JP¥15.01b |
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
Does 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 (¥10.5B) exceed its short term liabilities (¥7.7B).
Long Term Liabilities: 6424's short term assets (¥10.5B) exceed its long term liabilities (¥3.0B).
Debt to Equity History and Analysis
Debt Level: 6424's net debt to equity ratio (50.3%) is considered high.
Reducing Debt: 6424's debt to equity ratio has reduced from 211.8% to 103.6% over the past 5 years.
Debt Coverage: 6424's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: 6424's interest payments on its debt are well covered by EBIT (32.9x coverage).