Techno Quartz Balance Sheet Health
Financial Health criteria checks 5/6
Techno Quartz has a total shareholder equity of ¥19.2B and total debt of ¥3.9B, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are ¥25.8B and ¥6.6B respectively. Techno Quartz's EBIT is ¥3.6B making its interest coverage ratio 157.2. It has cash and short-term investments of ¥4.0B.
Key information
20.4%
Debt to equity ratio
JP¥3.91b
Debt
| Interest coverage ratio | 157.2x |
| Cash | JP¥3.99b |
| Equity | JP¥19.15b |
| Total liabilities | JP¥6.60b |
| Total assets | JP¥25.75b |
Recent financial health updates
Techno Quartz (TYO:5217) Has A Rock Solid Balance Sheet
Apr 04
Techno Quartz (TYO:5217) Could Easily Take On More Debt
Jan 04Recent updates
Techno Quartz (TYO:5217) Has A Rock Solid Balance Sheet
Apr 04Did You Participate In Any Of Techno Quartz's (TYO:5217) Incredible 535% Return?
Mar 14What Do The Returns At Techno Quartz (TYO:5217) Mean Going Forward?
Feb 15Techno Quartz Inc.'s (TYO:5217) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Jan 25
Techno Quartz (TYO:5217) Could Easily Take On More Debt
Jan 04Shareholders of Techno Quartz (TYO:5217) Must Be Delighted With Their 498% Total Return
Dec 14Financial Position Analysis
Short Term Liabilities: 5217's short term assets (¥16.1B) exceed its short term liabilities (¥4.2B).
Long Term Liabilities: 5217's short term assets (¥16.1B) exceed its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 5217 has more cash than its total debt.
Reducing Debt: 5217's debt to equity ratio has increased from 16.5% to 20.4% over the past 5 years.
Debt Coverage: 5217's debt is well covered by operating cash flow (53%).
Interest Coverage: 5217's interest payments on its debt are well covered by EBIT (157.2x coverage).