Takebishi Balance Sheet Health
Financial Health criteria checks 6/6
Takebishi has a total shareholder equity of ¥39.1B and total debt of ¥1.7B, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are ¥65.1B and ¥26.1B respectively. Takebishi's EBIT is ¥3.6B making its interest coverage ratio -54.2. It has cash and short-term investments of ¥8.2B.
Key information
4.4%
Debt to equity ratio
JP¥1.73b
Debt
Interest coverage ratio | -54.2x |
Cash | JP¥8.23b |
Equity | JP¥39.08b |
Total liabilities | JP¥26.05b |
Total assets | JP¥65.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7510's short term assets (¥51.0B) exceed its short term liabilities (¥24.3B).
Long Term Liabilities: 7510's short term assets (¥51.0B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 7510 has more cash than its total debt.
Reducing Debt: 7510's debt to equity ratio has reduced from 5.4% to 4.4% over the past 5 years.
Debt Coverage: 7510's debt is well covered by operating cash flow (351.4%).
Interest Coverage: 7510 earns more interest than it pays, so coverage of interest payments is not a concern.