Toyo Tanso Balance Sheet Health
Financial Health criteria checks 6/6
Toyo Tanso has a total shareholder equity of ¥84.5B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥96.6B and ¥12.1B respectively. Toyo Tanso's EBIT is ¥9.3B making its interest coverage ratio -69.2. It has cash and short-term investments of ¥18.1B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -69.2x |
Cash | JP¥18.13b |
Equity | JP¥84.52b |
Total liabilities | JP¥12.09b |
Total assets | JP¥96.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T9T's short term assets (¥58.1B) exceed its short term liabilities (¥11.1B).
Long Term Liabilities: T9T's short term assets (¥58.1B) exceed its long term liabilities (¥978.0M).
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 0.8%.
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.