Takasago International Balance Sheet Health
Financial Health criteria checks 6/6
Takasago International has a total shareholder equity of ¥138.5B and total debt of ¥48.0B, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are ¥244.0B and ¥105.5B respectively. Takasago International's EBIT is ¥5.8B making its interest coverage ratio -38.9. It has cash and short-term investments of ¥16.2B.
Key information
34.7%
Debt to equity ratio
JP¥48.03b
Debt
| Interest coverage ratio | -38.9x |
| Cash | JP¥16.20b |
| Equity | JP¥138.50b |
| Total liabilities | JP¥105.53b |
| Total assets | JP¥244.03b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TKIN.F's short term assets (¥136.7B) exceed its short term liabilities (¥74.6B).
Long Term Liabilities: TKIN.F's short term assets (¥136.7B) exceed its long term liabilities (¥30.9B).
Debt to Equity History and Analysis
Debt Level: TKIN.F's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: TKIN.F's debt to equity ratio has reduced from 52.8% to 34.7% over the past 5 years.
Debt Coverage: TKIN.F's debt is well covered by operating cash flow (20.8%).
Interest Coverage: TKIN.F earns more interest than it pays, so coverage of interest payments is not a concern.