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.