NewtechLtd Balance Sheet Health
Financial Health criteria checks 5/6
NewtechLtd has a total shareholder equity of ¥2.5B and total debt of ¥176.0M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are ¥4.4B and ¥1.9B respectively. NewtechLtd's EBIT is ¥298.0M making its interest coverage ratio -74.5. It has cash and short-term investments of ¥2.7B.
Key information
6.9%
Debt to equity ratio
JP¥176.00m
Debt
| Interest coverage ratio | -74.5x |
| Cash | JP¥2.69b |
| Equity | JP¥2.54b |
| Total liabilities | JP¥1.89b |
| Total assets | JP¥4.43b |
Recent financial health updates
No updates
Recent updates
Returns On Capital At NewtechLtd (TSE:6734) Have Hit The Brakes
May 23
Newtech Co.,Ltd.'s (TSE:6734) 28% Price Boost Is Out Of Tune With Earnings
Mar 06Here's Why I Think NewtechLtd (TYO:6734) Is An Interesting Stock
Apr 28Returns on Capital Paint A Bright Future For NewtechLtd (TYO:6734)
Apr 05Newtech Co.,Ltd.'s (TYO:6734) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Mar 15NewtechLtd (TYO:6734) Could Be A Buy For Its Upcoming Dividend
Feb 20Why Newtech Co.,Ltd. (TYO:6734) Looks Like A Quality Company
Feb 02Is Now The Time To Put NewtechLtd (TYO:6734) On Your Watchlist?
Jan 12
Should You Invest In NewtechLtd (TYO:6734)?
Dec 25A Look At The Fair Value Of Newtech Co.,Ltd. (TYO:6734)
Dec 03Financial Position Analysis
Short Term Liabilities: 6734's short term assets (¥4.2B) exceed its short term liabilities (¥1.8B).
Long Term Liabilities: 6734's short term assets (¥4.2B) exceed its long term liabilities (¥139.0M).
Debt to Equity History and Analysis
Debt Level: 6734 has more cash than its total debt.
Reducing Debt: 6734's debt to equity ratio has reduced from 20.4% to 6.9% over the past 5 years.
Debt Coverage: 6734's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: 6734 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 11:35 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/02/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Newtech Co.,Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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