Techno HorizonLtd Balance Sheet Health
Financial Health criteria checks 3/6
Techno HorizonLtd has a total shareholder equity of ¥9.8B and total debt of ¥15.0B, which brings its debt-to-equity ratio to 152.7%. Its total assets and total liabilities are ¥36.1B and ¥26.3B respectively. Techno HorizonLtd's EBIT is ¥1.0B making its interest coverage ratio 13.8. It has cash and short-term investments of ¥3.2B.
Key information
152.7%
Debt to equity ratio
JP¥14.99b
Debt
Interest coverage ratio | 13.8x |
Cash | JP¥3.19b |
Equity | JP¥9.81b |
Total liabilities | JP¥26.28b |
Total assets | JP¥36.09b |
Recent financial health updates
Recent updates
Statutory Profit Doesn't Reflect How Good Techno HorizonLtd's (TSE:6629) Earnings Are
May 21Fewer Investors Than Expected Jumping On Techno Horizon Co.,Ltd. (TSE:6629)
Apr 26Techno HorizonLtd (TYO:6629) Shareholders Will Want The ROCE Trajectory To Continue
Apr 27Shareholders Are Loving Techno Horizon Co.,Ltd.'s (TYO:6629) 1.3% Yield
Mar 23Is It Too Late To Consider Buying Techno Horizon Co.,Ltd. (TYO:6629)?
Mar 09Techno HorizonLtd (TYO:6629) Seems To Use Debt Quite Sensibly
Feb 21What Is The Ownership Structure Like For Techno Horizon Co.,Ltd. (TYO:6629)?
Feb 08Can Techno Horizon Co.,Ltd. (TYO:6629) Maintain Its Strong Returns?
Jan 26Returns On Capital - An Important Metric For Techno HorizonLtd (TYO:6629)
Jan 12Investors Who Bought Techno HorizonLtd (TYO:6629) Shares Five Years Ago Are Now Up 225%
Dec 29What Makes Techno Horizon Co.,Ltd. (TYO:6629) A Great Dividend Stock?
Dec 14Is It Time To Consider Buying Techno Horizon Co.,Ltd. (TYO:6629)?
Nov 30Financial Position Analysis
Short Term Liabilities: 6629's short term assets (¥26.4B) exceed its short term liabilities (¥21.1B).
Long Term Liabilities: 6629's short term assets (¥26.4B) exceed its long term liabilities (¥5.2B).
Debt to Equity History and Analysis
Debt Level: 6629's net debt to equity ratio (120.2%) is considered high.
Reducing Debt: 6629's debt to equity ratio has increased from 121.4% to 152.7% over the past 5 years.
Debt Coverage: 6629's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 6629's interest payments on its debt are well covered by EBIT (13.8x coverage).