CTS Balance Sheet Health
Financial Health criteria checks 6/6
CTS has a total shareholder equity of ¥12.2B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥16.7B and ¥4.5B respectively. CTS's EBIT is ¥2.9B making its interest coverage ratio -44.1. It has cash and short-term investments of ¥7.0B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -44.1x |
Cash | JP¥6.95b |
Equity | JP¥12.23b |
Total liabilities | JP¥4.48b |
Total assets | JP¥16.71b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4345's short term assets (¥9.5B) exceed its short term liabilities (¥2.9B).
Long Term Liabilities: 4345's short term assets (¥9.5B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 4345 is debt free.
Reducing Debt: 4345 has no debt compared to 5 years ago when its debt to equity ratio was 14%.
Debt Coverage: 4345 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4345 has no debt, therefore coverage of interest payments is not a concern.