Pulstec Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Pulstec Industrial has a total shareholder equity of ¥3.5B and total debt of ¥16.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ¥4.8B and ¥1.3B respectively. Pulstec Industrial's EBIT is ¥303.0M making its interest coverage ratio -60.6. It has cash and short-term investments of ¥2.1B.
Key information
0.5%
Debt to equity ratio
JP¥16.00m
Debt
Interest coverage ratio | -60.6x |
Cash | JP¥2.11b |
Equity | JP¥3.46b |
Total liabilities | JP¥1.32b |
Total assets | JP¥4.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6894's short term assets (¥3.9B) exceed its short term liabilities (¥846.0M).
Long Term Liabilities: 6894's short term assets (¥3.9B) exceed its long term liabilities (¥475.0M).
Debt to Equity History and Analysis
Debt Level: 6894 has more cash than its total debt.
Reducing Debt: 6894's debt to equity ratio has reduced from 2.5% to 0.5% over the past 5 years.
Debt Coverage: 6894's debt is well covered by operating cash flow (1618.8%).
Interest Coverage: 6894 earns more interest than it pays, so coverage of interest payments is not a concern.