UT GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
UT GroupLtd has a total shareholder equity of ¥36.2B and total debt of ¥11.3B, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are ¥72.9B and ¥36.7B respectively. UT GroupLtd's EBIT is ¥8.5B making its interest coverage ratio 104.7. It has cash and short-term investments of ¥32.5B.
Key information
31.2%
Debt to equity ratio
JP¥11.31b
Debt
| Interest coverage ratio | 104.7x |
| Cash | JP¥32.50b |
| Equity | JP¥36.25b |
| Total liabilities | JP¥36.67b |
| Total assets | JP¥72.92b |
Recent financial health updates
No updates
Recent updates
Investors Give UT Group Co.,Ltd. (TSE:2146) Shares A 28% Hiding
Aug 05
Is Now An Opportune Moment To Examine UT Group Co.,Ltd. (TSE:2146)?
Aug 03We Think That There Are Some Issues For UT GroupLtd (TSE:2146) Beyond Its Promising Earnings
May 22Do UT GroupLtd's (TSE:2146) Earnings Warrant Your Attention?
Apr 17Financial Position Analysis
Short Term Liabilities: 2146's short term assets (¥57.0B) exceed its short term liabilities (¥27.7B).
Long Term Liabilities: 2146's short term assets (¥57.0B) exceed its long term liabilities (¥9.0B).
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 47.3% to 31.2% over the past 5 years.
Debt Coverage: 2146's debt is well covered by operating cash flow (35.3%).
Interest Coverage: 2146's interest payments on its debt are well covered by EBIT (104.7x coverage).