Teac Balance Sheet Health
Financial Health criteria checks 5/6
Teac has a total shareholder equity of ¥3.6B and total debt of ¥3.6B, which brings its debt-to-equity ratio to 100.4%. Its total assets and total liabilities are ¥11.9B and ¥8.3B respectively. Teac's EBIT is ¥445.0M making its interest coverage ratio 1. It has cash and short-term investments of ¥1.2B.
Key information
100.4%
Debt to equity ratio
JP¥3.59b
Debt
Interest coverage ratio | 1x |
Cash | JP¥1.23b |
Equity | JP¥3.57b |
Total liabilities | JP¥8.30b |
Total assets | JP¥11.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6803's short term assets (¥9.3B) exceed its short term liabilities (¥5.4B).
Long Term Liabilities: 6803's short term assets (¥9.3B) exceed its long term liabilities (¥2.9B).
Debt to Equity History and Analysis
Debt Level: 6803's net debt to equity ratio (66.1%) is considered high.
Reducing Debt: 6803's debt to equity ratio has reduced from 202% to 100.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 6803 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6803 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.8% per year.