UT GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
UT GroupLtd has a total shareholder equity of ¥33.3B and total debt of ¥12.8B, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are ¥66.8B and ¥33.6B respectively. UT GroupLtd's EBIT is ¥11.5B making its interest coverage ratio 101.3. It has cash and short-term investments of ¥28.3B.
Key information
38.4%
Debt to equity ratio
JP¥12.77b
Debt
Interest coverage ratio | 101.3x |
Cash | JP¥28.32b |
Equity | JP¥33.26b |
Total liabilities | JP¥33.59b |
Total assets | JP¥66.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2146's short term assets (¥51.5B) exceed its short term liabilities (¥23.7B).
Long Term Liabilities: 2146's short term assets (¥51.5B) exceed its long term liabilities (¥9.9B).
Debt to Equity History and Analysis
Debt Level: 2146 has more cash than its total debt.
Reducing Debt: 2146's debt to equity ratio has reduced from 50.3% to 38.4% over the past 5 years.
Debt Coverage: 2146's debt is well covered by operating cash flow (83.3%).
Interest Coverage: 2146's interest payments on its debt are well covered by EBIT (101.3x coverage).