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 ¥3.0B making its interest coverage ratio -48. It has cash and short-term investments of ¥5.4B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -48x |
| Cash | JP¥5.38b |
| Equity | JP¥12.21b |
| Total liabilities | JP¥4.51b |
| Total assets | JP¥16.71b |
Recent financial health updates
No updates
Recent updates
CTS (TSE:4345) Will Pay A Dividend Of ¥12.50
Sep 24
CTS (TSE:4345) Has Announced A Dividend Of ¥12.50
Aug 29CTS (TSE:4345) Is Due To Pay A Dividend Of ¥12.50
Aug 09CTS' (TSE:4345) Dividend Will Be ¥12.50
Jul 26CTS (TSE:4345) Will Pay A Dividend Of ¥12.50
Jul 12CTS' (TSE:4345) Earnings Offer More Than Meets The Eye
May 07CTS (TSE:4345) Is Increasing Its Dividend To ¥12.50
Mar 04Financial Position Analysis
Short Term Liabilities: 4345's short term assets (¥8.2B) exceed its short term liabilities (¥3.0B).
Long Term Liabilities: 4345's short term assets (¥8.2B) exceed its long term liabilities (¥1.5B).
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 13.5%.
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.