Teikoku Tsushin Kogyo Balance Sheet Health
Financial Health criteria checks 6/6
Teikoku Tsushin Kogyo has a total shareholder equity of ¥26.4B and total debt of ¥43.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ¥31.3B and ¥4.8B respectively. Teikoku Tsushin Kogyo's EBIT is ¥1.3B making its interest coverage ratio -5.8. It has cash and short-term investments of ¥11.6B.
Key information
0.2%
Debt to equity ratio
JP¥43.00m
Debt
Interest coverage ratio | -5.8x |
Cash | JP¥11.60b |
Equity | JP¥26.42b |
Total liabilities | JP¥4.84b |
Total assets | JP¥31.25b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6763's short term assets (¥19.6B) exceed its short term liabilities (¥2.6B).
Long Term Liabilities: 6763's short term assets (¥19.6B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 6763 has more cash than its total debt.
Reducing Debt: 6763's debt to equity ratio has reduced from 1% to 0.2% over the past 5 years.
Debt Coverage: 6763's debt is well covered by operating cash flow (6430.2%).
Interest Coverage: 6763 earns more interest than it pays, so coverage of interest payments is not a concern.