Techno Medica Balance Sheet Health
Financial Health criteria checks 6/6
Techno Medica has a total shareholder equity of ¥13.8B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥17.4B and ¥3.6B respectively. Techno Medica's EBIT is ¥1.8B making its interest coverage ratio -1840. It has cash and short-term investments of ¥8.6B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -1840x |
Cash | JP¥8.59b |
Equity | JP¥13.82b |
Total liabilities | JP¥3.62b |
Total assets | JP¥17.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6678's short term assets (¥15.1B) exceed its short term liabilities (¥3.4B).
Long Term Liabilities: 6678's short term assets (¥15.1B) exceed its long term liabilities (¥256.0M).
Debt to Equity History and Analysis
Debt Level: 6678 is debt free.
Reducing Debt: 6678 has not had any debt for past 5 years.
Debt Coverage: 6678 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6678 has no debt, therefore coverage of interest payments is not a concern.