Taiyo TechnolexLtd Balance Sheet Health
Financial Health criteria checks 3/6
Taiyo TechnolexLtd has a total shareholder equity of ¥2.6B and total debt of ¥938.0M, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are ¥4.9B and ¥2.3B respectively.
Key information
36.5%
Debt to equity ratio
JP¥938.00m
Debt
Interest coverage ratio | n/a |
Cash | JP¥1.40b |
Equity | JP¥2.57b |
Total liabilities | JP¥2.31b |
Total assets | JP¥4.88b |
Financial Position Analysis
Short Term Liabilities: 6663's short term assets (¥2.7B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 6663's short term assets (¥2.7B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 6663 has more cash than its total debt.
Reducing Debt: 6663's debt to equity ratio has increased from 30% to 36.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 6663 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 6663 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.