Toshiba Tec Balance Sheet Health
Financial Health criteria checks 5/6
Toshiba Tec has a total shareholder equity of ¥98.0B and total debt of ¥18.7B, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are ¥349.7B and ¥251.7B respectively. Toshiba Tec's EBIT is ¥18.8B making its interest coverage ratio 31.5. It has cash and short-term investments of ¥45.1B.
Key information
19.1%
Debt to equity ratio
JP¥18.73b
Debt
| Interest coverage ratio | 31.5x |
| Cash | JP¥45.10b |
| Equity | JP¥97.99b |
| Total liabilities | JP¥251.74b |
| Total assets | JP¥349.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TECA's short term assets (¥229.3B) exceed its short term liabilities (¥183.0B).
Long Term Liabilities: TECA's short term assets (¥229.3B) exceed its long term liabilities (¥68.7B).
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 0.4% to 19.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TECA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TECA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.3% per year.