Takase Balance Sheet Health
Financial Health criteria checks 6/6
Takase has a total shareholder equity of ¥7.1B and total debt of ¥1.4B, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are ¥9.8B and ¥2.8B respectively. Takase's EBIT is ¥191.0M making its interest coverage ratio -47.8. It has cash and short-term investments of ¥2.1B.
Key information
19.7%
Debt to equity ratio
JP¥1.39b
Debt
| Interest coverage ratio | -47.8x |
| Cash | JP¥2.08b |
| Equity | JP¥7.06b |
| Total liabilities | JP¥2.77b |
| Total assets | JP¥9.83b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9087's short term assets (¥3.2B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 9087's short term assets (¥3.2B) exceed its long term liabilities (¥1.3B).
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 48.7% to 19.7% over the past 5 years.
Debt Coverage: 9087's debt is well covered by operating cash flow (48.7%).
Interest Coverage: 9087 earns more interest than it pays, so coverage of interest payments is not a concern.