Totech Financial Health
How is Totech's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 9960's short term assets (¥43.7B) exceed its short term liabilities (¥32.3B).
Long Term Liabilities: 9960's short term assets (¥43.7B) exceed its long term liabilities (¥9.2B).
Debt to Equity History and Analysis
Debt Level: 9960's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: 9960's debt to equity ratio has reduced from 83.1% to 35.8% over the past 5 years.
Debt Coverage: 9960's debt is well covered by operating cash flow (47.3%).
Interest Coverage: 9960 earns more interest than it pays, so coverage of interest payments is not a concern.