Topcon Balance Sheet Health
Financial Health criteria checks 3/6
Topcon has a total shareholder equity of ¥104.2B and total debt of ¥72.2B, which brings its debt-to-equity ratio to 69.3%. Its total assets and total liabilities are ¥238.6B and ¥134.4B respectively. Topcon's EBIT is ¥10.3B making its interest coverage ratio 4.9. It has cash and short-term investments of ¥19.3B.
Key information
69.3%
Debt to equity ratio
JP¥72.22b
Debt
| Interest coverage ratio | 4.9x |
| Cash | JP¥19.33b |
| Equity | JP¥104.23b |
| Total liabilities | JP¥134.36b |
| Total assets | JP¥238.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOPC.F's short term assets (¥128.5B) exceed its short term liabilities (¥83.5B).
Long Term Liabilities: TOPC.F's short term assets (¥128.5B) exceed its long term liabilities (¥50.8B).
Debt to Equity History and Analysis
Debt Level: TOPC.F's net debt to equity ratio (50.7%) is considered high.
Reducing Debt: TOPC.F's debt to equity ratio has increased from 64.3% to 69.3% over the past 5 years.
Debt Coverage: TOPC.F's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: TOPC.F's interest payments on its debt are well covered by EBIT (4.9x coverage).