Takasago International Balance Sheet Health
Financial Health criteria checks 6/6
Takasago International has a total shareholder equity of ¥142.8B and total debt of ¥45.9B, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are ¥243.9B and ¥101.1B respectively. Takasago International's EBIT is ¥8.8B making its interest coverage ratio -109.9. It has cash and short-term investments of ¥11.2B.
Key information
32.1%
Debt to equity ratio
JP¥45.88b
Debt
| Interest coverage ratio | -109.9x |
| Cash | JP¥11.17b |
| Equity | JP¥142.83b |
| Total liabilities | JP¥101.08b |
| Total assets | JP¥243.91b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TKIN.F's short term assets (¥135.1B) exceed its short term liabilities (¥70.4B).
Long Term Liabilities: TKIN.F's short term assets (¥135.1B) exceed its long term liabilities (¥30.7B).
Debt to Equity History and Analysis
Debt Level: TKIN.F's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: TKIN.F's debt to equity ratio has reduced from 53.8% to 32.1% over the past 5 years.
Debt Coverage: TKIN.F's debt is well covered by operating cash flow (27.9%).
Interest Coverage: TKIN.F earns more interest than it pays, so coverage of interest payments is not a concern.