Technoflex Balance Sheet Health
Financial Health criteria checks 5/6
Technoflex has a total shareholder equity of ¥22.6B and total debt of ¥7.9B, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are ¥34.4B and ¥11.8B respectively. Technoflex's EBIT is ¥2.0B making its interest coverage ratio 116.1. It has cash and short-term investments of ¥4.5B.
Key information
34.9%
Debt to equity ratio
JP¥7.89b
Debt
| Interest coverage ratio | 116.1x |
| Cash | JP¥4.51b |
| Equity | JP¥22.59b |
| Total liabilities | JP¥11.81b |
| Total assets | JP¥34.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3449's short term assets (¥15.2B) exceed its short term liabilities (¥5.7B).
Long Term Liabilities: 3449's short term assets (¥15.2B) exceed its long term liabilities (¥6.1B).
Debt to Equity History and Analysis
Debt Level: 3449's net debt to equity ratio (15%) is considered satisfactory.
Reducing Debt: 3449's debt to equity ratio has increased from 20% to 34.9% over the past 5 years.
Debt Coverage: 3449's debt is well covered by operating cash flow (25.4%).
Interest Coverage: 3449's interest payments on its debt are well covered by EBIT (116.1x coverage).