Trend Micro Balance Sheet Health
Financial Health criteria checks 6/6
Trend Micro has a total shareholder equity of ¥214.4B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥492.6B and ¥278.2B respectively. Trend Micro's EBIT is ¥32.6B making its interest coverage ratio -5.6. It has cash and short-term investments of ¥299.0B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -5.6x |
Cash | JP¥299.03b |
Equity | JP¥214.42b |
Total liabilities | JP¥278.21b |
Total assets | JP¥492.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMIC.Y's short term assets (¥388.9B) exceed its short term liabilities (¥265.1B).
Long Term Liabilities: TMIC.Y's short term assets (¥388.9B) exceed its long term liabilities (¥13.1B).
Debt to Equity History and Analysis
Debt Level: TMIC.Y is debt free.
Reducing Debt: TMIC.Y has not had any debt for past 5 years.
Debt Coverage: TMIC.Y has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TMIC.Y has no debt, therefore coverage of interest payments is not a concern.