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TECHNO ASSOCIE Balance Sheet Health
Financial Health criteria checks 6/6
TECHNO ASSOCIE has a total shareholder equity of ¥55.7B and total debt of ¥269.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ¥76.5B and ¥20.8B respectively. TECHNO ASSOCIE's EBIT is ¥3.7B making its interest coverage ratio -66.1. It has cash and short-term investments of ¥13.2B.
Key information
0.5%
Debt to equity ratio
JP¥269.00m
Debt
Interest coverage ratio | -66.1x |
Cash | JP¥13.22b |
Equity | JP¥55.73b |
Total liabilities | JP¥20.77b |
Total assets | JP¥76.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8249's short term assets (¥59.7B) exceed its short term liabilities (¥19.5B).
Long Term Liabilities: 8249's short term assets (¥59.7B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 8249 has more cash than its total debt.
Reducing Debt: 8249's debt to equity ratio has reduced from 2.9% to 0.5% over the past 5 years.
Debt Coverage: 8249's debt is well covered by operating cash flow (372.9%).
Interest Coverage: 8249 earns more interest than it pays, so coverage of interest payments is not a concern.