G-Tekt Balance Sheet Health
Financial Health criteria checks 6/6
G-Tekt has a total shareholder equity of ¥205.4B and total debt of ¥39.9B, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are ¥304.1B and ¥98.7B respectively. G-Tekt's EBIT is ¥16.2B making its interest coverage ratio 812.2. It has cash and short-term investments of ¥44.6B.
Key information
19.4%
Debt to equity ratio
JP¥39.88b
Debt
Interest coverage ratio | 812.2x |
Cash | JP¥44.58b |
Equity | JP¥205.39b |
Total liabilities | JP¥98.74b |
Total assets | JP¥304.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5970's short term assets (¥132.9B) exceed its short term liabilities (¥68.5B).
Long Term Liabilities: 5970's short term assets (¥132.9B) exceed its long term liabilities (¥30.2B).
Debt to Equity History and Analysis
Debt Level: 5970 has more cash than its total debt.
Reducing Debt: 5970's debt to equity ratio has reduced from 33.9% to 19.4% over the past 5 years.
Debt Coverage: 5970's debt is well covered by operating cash flow (93.9%).
Interest Coverage: 5970's interest payments on its debt are well covered by EBIT (812.2x coverage).