Otec Balance Sheet Health
Financial Health criteria checks 6/6
Otec has a total shareholder equity of ¥20.2B and total debt of ¥1.6B, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are ¥29.4B and ¥9.2B respectively. Otec's EBIT is ¥2.2B making its interest coverage ratio -30.9. It has cash and short-term investments of ¥7.5B.
Key information
7.7%
Debt to equity ratio
JP¥1.57b
Debt
| Interest coverage ratio | -30.9x |
| Cash | JP¥7.45b |
| Equity | JP¥20.23b |
| Total liabilities | JP¥9.19b |
| Total assets | JP¥29.41b |
Recent financial health updates
We Think Otec (TYO:1736) Can Manage Its Debt With Ease
Mar 23
Otec (TYO:1736) Could Easily Take On More Debt
Dec 23
Recent updates
Getting In Cheap On Otec Corporation (TSE:1736) Is Unlikely
Aug 03Otec (TSE:1736) Hasn't Managed To Accelerate Its Returns
May 09Returns On Capital At Otec (TYO:1736) Have Hit The Brakes
Apr 30We Think Otec (TYO:1736) Can Manage Its Debt With Ease
Mar 23What Kind Of Shareholders Own Otec Corporation (TYO:1736)?
Mar 05Are You An Income Investor? Don't Miss Out On Otec Corporation (TYO:1736)
Feb 15Is Otec (TYO:1736) Likely To Turn Things Around?
Jan 29Did You Participate In Any Of Otec's (TYO:1736) Fantastic 207% Return ?
Jan 10Otec (TYO:1736) Could Easily Take On More Debt
Dec 23What Kind Of Shareholders Own Otec Corporation (TYO:1736)?
Dec 05Calculating The Fair Value Of Otec Corporation (TYO:1736)
Nov 20Financial Position Analysis
Short Term Liabilities: 1736's short term assets (¥17.3B) exceed its short term liabilities (¥7.8B).
Long Term Liabilities: 1736's short term assets (¥17.3B) exceed its long term liabilities (¥1.4B).
Debt to Equity History and Analysis
Debt Level: 1736 has more cash than its total debt.
Reducing Debt: 1736's debt to equity ratio has reduced from 8.7% to 7.7% over the past 5 years.
Debt Coverage: 1736's debt is well covered by operating cash flow (139.8%).
Interest Coverage: 1736 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 19:22 |
| End of Day Share Price | 2024/12/30 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Otec Corporation is covered by 0 analysts. 0 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 |
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