Toshiba Balance Sheet Health
Financial Health criteria checks 6/6
Toshiba has a total shareholder equity of ¥1,327.1B and total debt of ¥254.4B, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are ¥3,416.5B and ¥2,089.3B respectively. Toshiba's EBIT is ¥188.7B making its interest coverage ratio -12.4. It has cash and short-term investments of ¥292.1B.
Key information
19.2%
Debt to equity ratio
JP¥254.43b
Debt
| Interest coverage ratio | -12.4x |
| Cash | JP¥292.11b |
| Equity | JP¥1.33t |
| Total liabilities | JP¥2.09t |
| Total assets | JP¥3.42t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSE1's short term assets (¥1,976.6B) exceed its short term liabilities (¥1,502.5B).
Long Term Liabilities: TSE1's short term assets (¥1,976.6B) exceed its long term liabilities (¥586.8B).
Debt to Equity History and Analysis
Debt Level: TSE1 has more cash than its total debt.
Reducing Debt: TSE1's debt to equity ratio has reduced from 22.5% to 19.2% over the past 5 years.
Debt Coverage: TSE1's debt is well covered by operating cash flow (60.9%).
Interest Coverage: TSE1 earns more interest than it pays, so coverage of interest payments is not a concern.