CTI Engineering Balance Sheet Health
Financial Health criteria checks 4/6
CTI Engineering has a total shareholder equity of ¥59.0B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ¥84.8B and ¥25.9B respectively. CTI Engineering's EBIT is ¥9.1B making its interest coverage ratio -65.4. It has cash and short-term investments of ¥27.9B.
Key information
3.6%
Debt to equity ratio
JP¥2.12b
Debt
| Interest coverage ratio | -65.4x |
| Cash | JP¥27.93b |
| Equity | JP¥58.96b |
| Total liabilities | JP¥25.86b |
| Total assets | JP¥84.82b |
Recent financial health updates
No updates
Recent updates
CTI Engineering (TSE:9621) Will Pay A Dividend Of ¥150.00
Nov 17
CTI Engineering (TSE:9621) Is Due To Pay A Dividend Of ¥150.00
Oct 30CTI Engineering (TSE:9621) Is Due To Pay A Dividend Of ¥150.00
Oct 16CTI Engineering (TSE:9621) Has Affirmed Its Dividend Of ¥150.00
Oct 02CTI Engineering (TSE:9621) Will Pay A Dividend Of ¥150.00
Aug 15CTI Engineering's (TSE:9621) Earnings Are Weaker Than They Seem
Apr 02Financial Position Analysis
Short Term Liabilities: 9621's short term assets (¥58.1B) exceed its short term liabilities (¥22.4B).
Long Term Liabilities: 9621's short term assets (¥58.1B) exceed its long term liabilities (¥3.4B).
Debt to Equity History and Analysis
Debt Level: 9621 has more cash than its total debt.
Reducing Debt: 9621's debt to equity ratio has increased from 2.4% to 3.6% over the past 5 years.
Debt Coverage: 9621's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9621 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 | 2024/12/26 00:59 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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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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
CTI Engineering Co., Ltd. is covered by 4 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 |
|---|---|
| null null | Company Forecast |
| Eiki Murayama | Mizuho Securities Co., Ltd. |
| null null | Storm Research Limited |