Topcon Balance Sheet Health
Financial Health criteria checks 4/6
Topcon has a total shareholder equity of ¥100.3B and total debt of ¥63.9B, which brings its debt-to-equity ratio to 63.7%. Its total assets and total liabilities are ¥234.1B and ¥133.9B respectively. Topcon's EBIT is ¥12.1B making its interest coverage ratio 7.2. It has cash and short-term investments of ¥21.7B.
Key information
63.7%
Debt to equity ratio
JP¥63.86b
Debt
Interest coverage ratio | 7.2x |
Cash | JP¥21.73b |
Equity | JP¥100.25b |
Total liabilities | JP¥133.88b |
Total assets | JP¥234.14b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7732's short term assets (¥132.2B) exceed its short term liabilities (¥69.8B).
Long Term Liabilities: 7732's short term assets (¥132.2B) exceed its long term liabilities (¥64.0B).
Debt to Equity History and Analysis
Debt Level: 7732's net debt to equity ratio (42%) is considered high.
Reducing Debt: 7732's debt to equity ratio has reduced from 65.7% to 63.7% over the past 5 years.
Debt Coverage: 7732's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: 7732's interest payments on its debt are well covered by EBIT (7.2x coverage).