Proto Balance Sheet Health
Financial Health criteria checks 6/6
Proto has a total shareholder equity of ¥48.3B and total debt of ¥4.9B, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are ¥66.1B and ¥17.8B respectively. Proto's EBIT is ¥7.7B making its interest coverage ratio -3874.5. It has cash and short-term investments of ¥24.9B.
Key information
10.2%
Debt to equity ratio
JP¥4.91b
Debt
| Interest coverage ratio | -3874.5x |
| Cash | JP¥24.94b |
| Equity | JP¥48.27b |
| Total liabilities | JP¥17.82b |
| Total assets | JP¥66.09b |
Recent financial health updates
No updates
Recent updates
Proto (TSE:4298) Will Pay A Dividend Of ¥25.00
Sep 24
Proto (TSE:4298) Has Announced A Dividend Of ¥25.00
Aug 29Proto's (TSE:4298) Dividend Will Be ¥25.00
Aug 09Proto Corporation Just Beat Revenue Estimates By 8.0%
Aug 08Proto's (TSE:4298) Dividend Will Be ¥25.00
Jul 26Proto (TSE:4298) Is Due To Pay A Dividend Of ¥25.00
Jul 12Proto (TSE:4298) Is Increasing Its Dividend To ¥25.00
Mar 19Proto (TSE:4298) Has Announced A Dividend Of ¥17.50
Feb 27Financial Position Analysis
Short Term Liabilities: 4298's short term assets (¥43.3B) exceed its short term liabilities (¥16.5B).
Long Term Liabilities: 4298's short term assets (¥43.3B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 4298 has more cash than its total debt.
Reducing Debt: 4298's debt to equity ratio has reduced from 22.2% to 10.2% over the past 5 years.
Debt Coverage: 4298's debt is well covered by operating cash flow (92.3%).
Interest Coverage: 4298 earns more interest than it pays, so coverage of interest payments is not a concern.