Totech Balance Sheet Health
Financial Health criteria checks 6/6
Totech has a total shareholder equity of ¥53.4B and total debt of ¥9.0B, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are ¥100.5B and ¥47.0B respectively. Totech's EBIT is ¥9.8B making its interest coverage ratio -43.8. It has cash and short-term investments of ¥8.7B.
Key information
16.8%
Debt to equity ratio
JP¥9.00b
Debt
| Interest coverage ratio | -43.8x |
| Cash | JP¥8.69b |
| Equity | JP¥53.44b |
| Total liabilities | JP¥47.04b |
| Total assets | JP¥100.48b |
Recent financial health updates
No updates
Recent updates
Totech (TSE:9960) Has Announced A Dividend Of ¥24.00
Jul 25
Totech (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 (¥56.0B) exceed its short term liabilities (¥39.2B).
Long Term Liabilities: 9960's short term assets (¥56.0B) exceed its long term liabilities (¥7.9B).
Debt to Equity History and Analysis
Debt Level: 9960's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: 9960's debt to equity ratio has reduced from 78.7% to 16.8% over the past 5 years.
Debt Coverage: 9960's debt is well covered by operating cash flow (110.4%).
Interest Coverage: 9960 earns more interest than it pays, so coverage of interest payments is not a concern.