Totech Balance Sheet Health
Financial Health criteria checks 6/6
Totech has a total shareholder equity of ¥54.3B and total debt of ¥9.2B, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are ¥96.1B and ¥41.8B respectively. Totech's EBIT is ¥11.7B making its interest coverage ratio -39. It has cash and short-term investments of ¥9.4B.
Key information
16.9%
Debt to equity ratio
JP¥9.15b
Debt
| Interest coverage ratio | -39x |
| Cash | JP¥9.45b |
| Equity | JP¥54.30b |
| Total liabilities | JP¥41.79b |
| Total assets | JP¥96.09b |
Recent financial health updates
No updates
Recent updates
Totech's (TSE:9960) Dividend Will Be ¥24.00
Sep 05
Totech (TSE:9960) Is Due To Pay A Dividend Of ¥24.00
Aug 22Totech (TSE:9960) Has Announced A Dividend Of ¥24.00
Jul 25Totech (TSE:9960) Is Due To Pay A Dividend Of ¥24.00
Jul 11Further Upside For Totech Corporation (TSE:9960) Shares Could Introduce Price Risks After 26% Bounce
Mar 10Totech (TSE:9960) Is Increasing Its Dividend To ¥135.00
Mar 04Does Totech (TSE:9960) Deserve A Spot On Your Watchlist?
Mar 01Financial Position Analysis
Short Term Liabilities: 9960's short term assets (¥50.7B) exceed its short term liabilities (¥33.7B).
Long Term Liabilities: 9960's short term assets (¥50.7B) exceed its long term liabilities (¥8.1B).
Debt to Equity History and Analysis
Debt Level: 9960 has more cash than its total debt.
Reducing Debt: 9960's debt to equity ratio has reduced from 98.4% to 16.9% over the past 5 years.
Debt Coverage: 9960's debt is well covered by operating cash flow (108.6%).
Interest Coverage: 9960 earns more interest than it pays, so coverage of interest payments is not a concern.