Takebishi Balance Sheet Health
Financial Health criteria checks 6/6
Takebishi has a total shareholder equity of ¥40.2B and total debt of ¥1.7B, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are ¥61.9B and ¥21.7B respectively. Takebishi's EBIT is ¥3.1B making its interest coverage ratio -25.3. It has cash and short-term investments of ¥7.8B.
Key information
4.3%
Debt to equity ratio
JP¥1.72b
Debt
| Interest coverage ratio | -25.3x |
| Cash | JP¥7.77b |
| Equity | JP¥40.20b |
| Total liabilities | JP¥21.74b |
| Total assets | JP¥61.94b |
Financial Position Analysis
Short Term Liabilities: 7510's short term assets (¥48.9B) exceed its short term liabilities (¥20.3B).
Long Term Liabilities: 7510's short term assets (¥48.9B) exceed its long term liabilities (¥1.4B).
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 5.6% to 4.3% over the past 5 years.
Debt Coverage: 7510's debt is well covered by operating cash flow (153.2%).
Interest Coverage: 7510 earns more interest than it pays, so coverage of interest payments is not a concern.