Tera Probe Balance Sheet Health
Financial Health criteria checks 6/6
Tera Probe has a total shareholder equity of ¥50.4B and total debt of ¥11.4B, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are ¥70.1B and ¥19.8B respectively. Tera Probe's EBIT is ¥7.2B making its interest coverage ratio 43.2. It has cash and short-term investments of ¥10.7B.
Key information
22.7%
Debt to equity ratio
JP¥11.43b
Debt
Interest coverage ratio | 43.2x |
Cash | JP¥10.72b |
Equity | JP¥50.39b |
Total liabilities | JP¥19.75b |
Total assets | JP¥70.14b |
Recent financial health updates
No updates
Recent updates
The Market Doesn't Like What It Sees From Tera Probe, Inc.'s (TSE:6627) Earnings Yet As Shares Tumble 25%
Aug 03At JP¥4,515, Is Tera Probe, Inc. (TSE:6627) Worth Looking At Closely?
Jul 23Additional Considerations Required While Assessing Tera Probe's (TSE:6627) Strong Earnings
Apr 07What Tera Probe, Inc.'s (TSE:6627) 28% Share Price Gain Is Not Telling You
Mar 10Financial Position Analysis
Short Term Liabilities: 6627's short term assets (¥22.8B) exceed its short term liabilities (¥8.1B).
Long Term Liabilities: 6627's short term assets (¥22.8B) exceed its long term liabilities (¥11.6B).
Debt to Equity History and Analysis
Debt Level: 6627's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: 6627's debt to equity ratio has reduced from 72.3% to 22.7% over the past 5 years.
Debt Coverage: 6627's debt is well covered by operating cash flow (160.3%).
Interest Coverage: 6627's interest payments on its debt are well covered by EBIT (43.2x coverage).