TechMatrix Balance Sheet Health
Financial Health criteria checks 6/6
TechMatrix has a total shareholder equity of ¥25.7B and total debt of ¥720.0M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ¥73.4B and ¥47.7B respectively. TechMatrix's EBIT is ¥6.2B making its interest coverage ratio -6150. It has cash and short-term investments of ¥16.7B.
Key information
2.8%
Debt to equity ratio
JP¥720.00m
Debt
Interest coverage ratio | -6150x |
Cash | JP¥16.74b |
Equity | JP¥25.67b |
Total liabilities | JP¥47.73b |
Total assets | JP¥73.40b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3762's short term assets (¥59.3B) exceed its short term liabilities (¥40.9B).
Long Term Liabilities: 3762's short term assets (¥59.3B) exceed its long term liabilities (¥6.9B).
Debt to Equity History and Analysis
Debt Level: 3762 has more cash than its total debt.
Reducing Debt: 3762's debt to equity ratio has reduced from 18.6% to 2.8% over the past 5 years.
Debt Coverage: 3762's debt is well covered by operating cash flow (194.4%).
Interest Coverage: 3762 earns more interest than it pays, so coverage of interest payments is not a concern.