SEMITEC Balance Sheet Health
Financial Health criteria checks 6/6
SEMITEC has a total shareholder equity of ¥21.6B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are ¥28.9B and ¥7.4B respectively. SEMITEC's EBIT is ¥3.9B making its interest coverage ratio -1312.3. It has cash and short-term investments of ¥11.1B.
Key information
6.8%
Debt to equity ratio
JP¥1.47b
Debt
| Interest coverage ratio | -1312.3x |
| Cash | JP¥11.09b |
| Equity | JP¥21.57b |
| Total liabilities | JP¥7.36b |
| Total assets | JP¥28.93b |
Recent financial health updates
Here's Why SEMITEC (TYO:6626) Can Manage Its Debt Responsibly
Mar 12
SEMITEC (TYO:6626) Has A Pretty Healthy Balance Sheet
Dec 09Recent updates
The Strong Earnings Posted By SEMITEC (TSE:6626) Are A Good Indication Of The Strength Of The Business
Nov 25Further Upside For SEMITEC Corporation (TSE:6626) Shares Could Introduce Price Risks After 26% Bounce
Jun 03SEMITEC's (TSE:6626) Soft Earnings Don't Show The Whole Picture
May 22Is Now The Time To Put SEMITEC (TYO:6626) On Your Watchlist?
Apr 13Here's Why SEMITEC (TYO:6626) Can Manage Its Debt Responsibly
Mar 12Do Institutions Own SEMITEC Corporation (TYO:6626) Shares?
Feb 25What Can The Trends At SEMITEC (TYO:6626) Tell Us About Their Returns?
Feb 10
Are Strong Financial Prospects The Force That Is Driving The Momentum In SEMITEC Corporation's TYO:6626) Stock?
Jan 26I Ran A Stock Scan For Earnings Growth And SEMITEC (TYO:6626) Passed With Ease
Jan 08Announcing: SEMITEC (TYO:6626) Stock Increased An Energizing 235% In The Last Five Years
Dec 24SEMITEC (TYO:6626) Has A Pretty Healthy Balance Sheet
Dec 09What Kind Of Shareholders Hold The Majority In SEMITEC Corporation's (TYO:6626) Shares?
Nov 24Financial Position Analysis
Short Term Liabilities: 6626's short term assets (¥21.7B) exceed its short term liabilities (¥4.1B).
Long Term Liabilities: 6626's short term assets (¥21.7B) exceed its long term liabilities (¥3.3B).
Debt to Equity History and Analysis
Debt Level: 6626 has more cash than its total debt.
Reducing Debt: 6626's debt to equity ratio has reduced from 46.4% to 6.8% over the past 5 years.
Debt Coverage: 6626's debt is well covered by operating cash flow (353%).
Interest Coverage: 6626 earns more interest than it pays, so coverage of interest payments is not a concern.