TDC SOFT Balance Sheet Health
Financial Health criteria checks 6/6
TDC SOFT has a total shareholder equity of ¥18.0B and total debt of ¥900.0M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are ¥24.1B and ¥6.0B respectively. TDC SOFT's EBIT is ¥3.5B making its interest coverage ratio -47.4. It has cash and short-term investments of ¥12.7B.
Key information
5.0%
Debt to equity ratio
JP¥900.00m
Debt
Interest coverage ratio | -47.4x |
Cash | JP¥12.67b |
Equity | JP¥18.02b |
Total liabilities | JP¥6.05b |
Total assets | JP¥24.07b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4687's short term assets (¥19.3B) exceed its short term liabilities (¥5.4B).
Long Term Liabilities: 4687's short term assets (¥19.3B) exceed its long term liabilities (¥609.0M).
Debt to Equity History and Analysis
Debt Level: 4687 has more cash than its total debt.
Reducing Debt: 4687's debt to equity ratio has reduced from 7.3% to 5% over the past 5 years.
Debt Coverage: 4687's debt is well covered by operating cash flow (242.7%).
Interest Coverage: 4687 earns more interest than it pays, so coverage of interest payments is not a concern.