Takamatsu Construction Group Balance Sheet Health
Financial Health criteria checks 4/6
Takamatsu Construction Group has a total shareholder equity of ¥133.6B and total debt of ¥28.0B, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are ¥254.5B and ¥120.9B respectively. Takamatsu Construction Group's EBIT is ¥10.9B making its interest coverage ratio 112.4. It has cash and short-term investments of ¥27.2B.
Key information
21.0%
Debt to equity ratio
JP¥28.00b
Debt
| Interest coverage ratio | 112.4x |
| Cash | JP¥27.23b |
| Equity | JP¥133.58b |
| Total liabilities | JP¥120.91b |
| Total assets | JP¥254.49b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TAKM.F's short term assets (¥188.9B) exceed its short term liabilities (¥90.9B).
Long Term Liabilities: TAKM.F's short term assets (¥188.9B) exceed its long term liabilities (¥30.0B).
Debt to Equity History and Analysis
Debt Level: TAKM.F's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: TAKM.F's debt to equity ratio has increased from 10.4% to 21% over the past 5 years.
Debt Coverage: TAKM.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TAKM.F's interest payments on its debt are well covered by EBIT (112.4x coverage).