Toshiba Tec Balance Sheet Health
Financial Health criteria checks 5/6
Toshiba Tec has a total shareholder equity of ¥80.4B and total debt of ¥14.8B, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are ¥300.6B and ¥220.2B respectively. Toshiba Tec's EBIT is ¥13.7B making its interest coverage ratio 443.2. It has cash and short-term investments of ¥41.1B.
Key information
18.4%
Debt to equity ratio
JP¥14.78b
Debt
| Interest coverage ratio | 443.2x |
| Cash | JP¥41.13b |
| Equity | JP¥80.40b |
| Total liabilities | JP¥220.24b |
| Total assets | JP¥300.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6588's short term assets (¥202.7B) exceed its short term liabilities (¥156.4B).
Long Term Liabilities: 6588's short term assets (¥202.7B) exceed its long term liabilities (¥63.8B).
Debt to Equity History and Analysis
Debt Level: 6588 has more cash than its total debt.
Reducing Debt: 6588's debt to equity ratio has increased from 0.5% to 18.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 6588 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6588 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16.7% per year.