Terasaki ElectricLtd Balance Sheet Health
Financial Health criteria checks 6/6
Terasaki ElectricLtd has a total shareholder equity of ¥44.2B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are ¥63.8B and ¥19.6B respectively. Terasaki ElectricLtd's EBIT is ¥4.4B making its interest coverage ratio -50.3. It has cash and short-term investments of ¥11.2B.
Key information
5.0%
Debt to equity ratio
JP¥2.22b
Debt
| Interest coverage ratio | -50.3x |
| Cash | JP¥11.21b |
| Equity | JP¥44.20b |
| Total liabilities | JP¥19.62b |
| Total assets | JP¥63.81b |
Recent financial health updates
Is Terasaki ElectricLtd (TSE:6637) A Risky Investment?
Mar 13
Terasaki ElectricLtd (TYO:6637) Seems To Use Debt Rather Sparingly
Apr 27Is Terasaki ElectricLtd (TYO:6637) A Risky Investment?
Jan 12
Recent updates
Why Investors Shouldn't Be Surprised By Terasaki Electric Co.,Ltd.'s (TSE:6637) 26% Share Price Plunge
Apr 26Terasaki ElectricLtd (TSE:6637) Shareholders Will Want The ROCE Trajectory To Continue
Apr 21Is Terasaki ElectricLtd (TSE:6637) A Risky Investment?
Mar 13Terasaki Electric Co.,Ltd. (TSE:6637) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Feb 26Terasaki ElectricLtd (TYO:6637) Seems To Use Debt Rather Sparingly
Apr 27The Terasaki ElectricLtd (TYO:6637) Share Price Has Gained 65% And Shareholders Are Hoping For More
Mar 15Terasaki Electric Co.,Ltd. (TYO:6637) Is Yielding 1.5% - But Is It A Buy?
Feb 26Are Investors Concerned With What's Going On At Terasaki ElectricLtd (TYO:6637)?
Feb 11Should You Be Adding Terasaki ElectricLtd (TYO:6637) To Your Watchlist Today?
Jan 27Is Terasaki ElectricLtd (TYO:6637) A Risky Investment?
Jan 12Here's What Terasaki Electric Co.,Ltd.'s (TYO:6637) Shareholder Ownership Structure Looks Like
Dec 22Terasaki ElectricLtd's(TYO:6637) Share Price Is Down 26% Over The Past Three Years.
Dec 04Financial Position Analysis
Short Term Liabilities: 6637's short term assets (¥45.9B) exceed its short term liabilities (¥14.8B).
Long Term Liabilities: 6637's short term assets (¥45.9B) exceed its long term liabilities (¥4.8B).
Debt to Equity History and Analysis
Debt Level: 6637 has more cash than its total debt.
Reducing Debt: 6637's debt to equity ratio has reduced from 11.8% to 5% over the past 5 years.
Debt Coverage: 6637's debt is well covered by operating cash flow (58.3%).
Interest Coverage: 6637 earns more interest than it pays, so coverage of interest payments is not a concern.