Takase Balance Sheet Health
Financial Health criteria checks 6/6
Takase has a total shareholder equity of ¥7.2B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are ¥9.6B and ¥2.3B respectively. Takase's EBIT is ¥145.0M making its interest coverage ratio -48.3. It has cash and short-term investments of ¥1.9B.
Key information
15.5%
Debt to equity ratio
JP¥1.12b
Debt
| Interest coverage ratio | -48.3x |
| Cash | JP¥1.88b |
| Equity | JP¥7.21b |
| Total liabilities | JP¥2.35b |
| Total assets | JP¥9.56b |
Recent financial health updates
Is Takase (TYO:9087) Using Too Much Debt?
Mar 17
Here's Why Takase (TYO:9087) Has A Meaningful Debt Burden
Dec 11
Recent updates
Concerns Surrounding Takase's (TSE:9087) Performance
Nov 19Concerns Surrounding Takase's (TSE:9087) Performance
May 21Is Takase (TYO:9087) Using Too Much Debt?
Mar 17Is Takase (TYO:9087) A Future Multi-bagger?
Feb 18Three Things You Should Check Before Buying Takase Corporation (TYO:9087) For Its Dividend
Jan 21Here's Why Takase (TYO:9087) Has A Meaningful Debt Burden
Dec 11Financial Position Analysis
Short Term Liabilities: 9087's short term assets (¥2.9B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 9087's short term assets (¥2.9B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 9087 has more cash than its total debt.
Reducing Debt: 9087's debt to equity ratio has reduced from 49.1% to 15.5% over the past 5 years.
Debt Coverage: 9087's debt is well covered by operating cash flow (50.7%).
Interest Coverage: 9087 earns more interest than it pays, so coverage of interest payments is not a concern.