GMO TECH Balance Sheet Health
Financial Health criteria checks 5/6
GMO TECH has a total shareholder equity of ¥1.0B and total debt of ¥227.0M, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are ¥2.4B and ¥1.4B respectively. GMO TECH's EBIT is ¥762.0M making its interest coverage ratio 381. It has cash and short-term investments of ¥1.2B.
Key information
21.8%
Debt to equity ratio
JP¥227.00m
Debt
| Interest coverage ratio | 381x |
| Cash | JP¥1.17b |
| Equity | JP¥1.04b |
| Total liabilities | JP¥1.36b |
| Total assets | JP¥2.40b |
Recent financial health updates
GMO TECH (TSE:6026) Could Easily Take On More Debt
Nov 07
Is GMO TECH (TSE:6026) A Risky Investment?
Aug 02Recent updates
Optimistic Investors Push GMO TECH, Inc. (TSE:6026) Shares Up 30% But Growth Is Lacking
Dec 11GMO TECH (TSE:6026) Could Easily Take On More Debt
Nov 07Here's Why We Think GMO TECH (TSE:6026) Is Well Worth Watching
Sep 13GMO TECH, Inc. (TSE:6026) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Aug 10Is GMO TECH (TSE:6026) A Risky Investment?
Aug 02GMO TECH, Inc. (TSE:6026) Soars 33% But It's A Story Of Risk Vs Reward
Feb 27Financial Position Analysis
Short Term Liabilities: 6026's short term assets (¥2.1B) exceed its short term liabilities (¥1.2B).
Long Term Liabilities: 6026's short term assets (¥2.1B) exceed its long term liabilities (¥170.0M).
Debt to Equity History and Analysis
Debt Level: 6026 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6026's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6026's debt is well covered by operating cash flow (141.9%).
Interest Coverage: 6026's interest payments on its debt are well covered by EBIT (381x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 19:41 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
GMO TECH, Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Taro Ishihara | Daiwa Securities Co. Ltd. |
| Kaname Fujita | Ichiyoshi Research Institute Inc. |