Toyo Tanso Balance Sheet Health
Financial Health criteria checks 6/6
Toyo Tanso has a total shareholder equity of ¥89.8B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥106.2B and ¥16.3B respectively. Toyo Tanso's EBIT is ¥11.8B making its interest coverage ratio -103.9. It has cash and short-term investments of ¥18.0B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -103.9x |
| Cash | JP¥18.01b |
| Equity | JP¥89.85b |
| Total liabilities | JP¥16.32b |
| Total assets | JP¥106.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T9T's short term assets (¥60.7B) exceed its short term liabilities (¥14.8B).
Long Term Liabilities: T9T's short term assets (¥60.7B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: T9T is debt free.
Reducing Debt: T9T has no debt compared to 5 years ago when its debt to equity ratio was 0.7%.
Debt Coverage: T9T has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: T9T has no debt, therefore coverage of interest payments is not a concern.