Taisei Balance Sheet Health
Financial Health criteria checks 5/6
Taisei has a total shareholder equity of ¥881.9B and total debt of ¥303.5B, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are ¥2,120.6B and ¥1,238.8B respectively. Taisei's EBIT is ¥30.3B making its interest coverage ratio -5.1. It has cash and short-term investments of ¥195.4B.
Key information
34.4%
Debt to equity ratio
JP¥303.47b
Debt
Interest coverage ratio | -5.1x |
Cash | JP¥195.43b |
Equity | JP¥881.89b |
Total liabilities | JP¥1.24t |
Total assets | JP¥2.12t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TISC.F's short term assets (¥1,352.6B) exceed its short term liabilities (¥1,052.1B).
Long Term Liabilities: TISC.F's short term assets (¥1,352.6B) exceed its long term liabilities (¥186.7B).
Debt to Equity History and Analysis
Debt Level: TISC.F's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: TISC.F's debt to equity ratio has increased from 32.1% to 34.4% over the past 5 years.
Debt Coverage: TISC.F's debt is well covered by operating cash flow (30.8%).
Interest Coverage: TISC.F earns more interest than it pays, so coverage of interest payments is not a concern.