NewtechLtd Balance Sheet Health
Financial Health criteria checks 6/6
NewtechLtd has a total shareholder equity of ¥2.5B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥4.1B and ¥1.6B respectively. NewtechLtd's EBIT is ¥363.0M making its interest coverage ratio -72.6. It has cash and short-term investments of ¥2.6B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -72.6x |
| Cash | JP¥2.57b |
| Equity | JP¥2.50b |
| Total liabilities | JP¥1.63b |
| Total assets | JP¥4.13b |
Recent financial health updates
No updates
Recent updates
Newtech Co.,Ltd.'s (TSE:6734) 28% Price Boost Is Out Of Tune With Earnings
Mar 06
Here'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 (¥3.9B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 6734's short term assets (¥3.9B) exceed its long term liabilities (¥15.0M).
Debt to Equity History and Analysis
Debt Level: 6734 is debt free.
Reducing Debt: 6734 has no debt compared to 5 years ago when its debt to equity ratio was 25.2%.
Debt Coverage: 6734 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6734 has no debt, therefore coverage of interest payments is not a concern.