Toshiba Tec Balance Sheet Health
Financial Health criteria checks 5/6
Toshiba Tec has a total shareholder equity of ¥112.0B and total debt of ¥20.6B, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are ¥343.4B and ¥231.4B respectively. Toshiba Tec's EBIT is ¥19.4B making its interest coverage ratio 21.6. It has cash and short-term investments of ¥40.1B.
Key information
18.4%
Debt to equity ratio
JP¥20.56b
Debt
| Interest coverage ratio | 21.6x |
| Cash | JP¥40.12b |
| Equity | JP¥112.03b |
| Total liabilities | JP¥231.38b |
| Total assets | JP¥343.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TECA's short term assets (¥209.3B) exceed its short term liabilities (¥168.6B).
Long Term Liabilities: TECA's short term assets (¥209.3B) exceed its long term liabilities (¥62.7B).
Debt to Equity History and Analysis
Debt Level: TECA has more cash than its total debt.
Reducing Debt: TECA's debt to equity ratio has increased from 0.9% to 18.4% over the past 5 years.
Debt Coverage: TECA's debt is well covered by operating cash flow (95.4%).
Interest Coverage: TECA's interest payments on its debt are well covered by EBIT (21.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 19:29 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Toshiba Tec Corporation is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Leonne Chen | CL Securities Taiwan Company Limited |
| Yu Yoshida | Credit Suisse |
| Yu Yoshida | Deutsche Bank |