Teac Balance Sheet Health
Financial Health criteria checks 5/6
Teac has a total shareholder equity of ¥3.0B and total debt of ¥4.0B, which brings its debt-to-equity ratio to 133.8%. Its total assets and total liabilities are ¥11.4B and ¥8.4B respectively. Teac's EBIT is ¥208.0M making its interest coverage ratio -2.6. It has cash and short-term investments of ¥1.3B.
Key information
133.8%
Debt to equity ratio
JP¥3.99b
Debt
| Interest coverage ratio | -2.6x |
| Cash | JP¥1.35b |
| Equity | JP¥2.98b |
| Total liabilities | JP¥8.42b |
| Total assets | JP¥11.40b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6803's short term assets (¥8.9B) exceed its short term liabilities (¥6.3B).
Long Term Liabilities: 6803's short term assets (¥8.9B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 6803's net debt to equity ratio (88.6%) is considered high.
Reducing Debt: 6803's debt to equity ratio has reduced from 297.5% to 133.8% 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 26.9% per year.