LeTech Balance Sheet Health
Financial Health criteria checks 4/6
LeTech has a total shareholder equity of ¥5.7B and total debt of ¥16.2B, which brings its debt-to-equity ratio to 284.5%. Its total assets and total liabilities are ¥23.2B and ¥17.5B respectively. LeTech's EBIT is ¥2.2B making its interest coverage ratio 6.6. It has cash and short-term investments of ¥2.5B.
Key information
284.5%
Debt to equity ratio
JP¥16.21b
Debt
Interest coverage ratio | 6.6x |
Cash | JP¥2.50b |
Equity | JP¥5.70b |
Total liabilities | JP¥17.49b |
Total assets | JP¥23.19b |
Recent financial health updates
LeTech (TSE:3497) Has A Somewhat Strained Balance Sheet
Sep 17LeTech (TSE:3497) Has A Somewhat Strained Balance Sheet
Mar 19Recent updates
LeTech Corporation's (TSE:3497) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Sep 19LeTech (TSE:3497) Has A Somewhat Strained Balance Sheet
Sep 17LeTech Corporation's (TSE:3497) 34% Dip In Price Shows Sentiment Is Matching Revenues
Aug 03With EPS Growth And More, LeTech (TSE:3497) Makes An Interesting Case
Jul 30LeTech Corporation's (TSE:3497) Price Is Out Of Tune With Revenues
Jun 10We Think You Should Be Aware Of Some Concerning Factors In LeTech's (TSE:3497) Earnings
Mar 27LeTech (TSE:3497) Has A Somewhat Strained Balance Sheet
Mar 19Financial Position Analysis
Short Term Liabilities: 3497's short term assets (¥21.3B) exceed its short term liabilities (¥10.4B).
Long Term Liabilities: 3497's short term assets (¥21.3B) exceed its long term liabilities (¥7.1B).
Debt to Equity History and Analysis
Debt Level: 3497's net debt to equity ratio (240.5%) is considered high.
Reducing Debt: 3497's debt to equity ratio has reduced from 1268.8% to 284.5% over the past 5 years.
Debt Coverage: 3497's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3497's interest payments on its debt are well covered by EBIT (6.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/02/19 11:10 |
End of Day Share Price | 2025/02/19 00:00 |
Earnings | 2024/10/31 |
Annual Earnings | 2024/07/31 |
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 * |
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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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
LeTech Corporation is covered by 0 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.