Taiho Transportation Co., Ltd.

NSE:9040 Stock Report

Market Cap: JP¥2.7b

Taiho Transportation Balance Sheet Health

Financial Health criteria checks 6/6

Taiho Transportation has a total shareholder equity of ¥6.6B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are ¥9.9B and ¥3.3B respectively. Taiho Transportation's EBIT is ¥316.0M making its interest coverage ratio -52.7. It has cash and short-term investments of ¥2.4B.

Key information

30.0%

Debt to equity ratio

JP¥1.98b

Debt

Interest coverage ratio-52.7x
CashJP¥2.42b
EquityJP¥6.61b
Total liabilitiesJP¥3.25b
Total assetsJP¥9.86b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 9040's short term assets (¥3.9B) exceed its short term liabilities (¥1.3B).

Long Term Liabilities: 9040's short term assets (¥3.9B) exceed its long term liabilities (¥2.0B).


Debt to Equity History and Analysis

Debt Level: 9040 has more cash than its total debt.

Reducing Debt: 9040's debt to equity ratio has reduced from 32.5% to 30% over the past 5 years.

Debt Coverage: 9040's debt is well covered by operating cash flow (25.1%).

Interest Coverage: 9040 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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