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
GMO 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).