Toho Balance Sheet Health
Financial Health criteria checks 6/6
Toho has a total shareholder equity of ¥29.6B and total debt of ¥20.6B, which brings its debt-to-equity ratio to 69.5%. Its total assets and total liabilities are ¥90.4B and ¥60.8B respectively. Toho's EBIT is ¥7.6B making its interest coverage ratio 126.8. It has cash and short-term investments of ¥9.1B.
Key information
69.5%
Debt to equity ratio
JP¥20.56b
Debt
| Interest coverage ratio | 126.8x |
| Cash | JP¥9.12b |
| Equity | JP¥29.57b |
| Total liabilities | JP¥60.80b |
| Total assets | JP¥90.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TZ7's short term assets (¥47.8B) exceed its short term liabilities (¥45.0B).
Long Term Liabilities: TZ7's short term assets (¥47.8B) exceed its long term liabilities (¥15.8B).
Debt to Equity History and Analysis
Debt Level: TZ7's net debt to equity ratio (38.7%) is considered satisfactory.
Reducing Debt: TZ7's debt to equity ratio has reduced from 133.3% to 69.5% over the past 5 years.
Debt Coverage: TZ7's debt is well covered by operating cash flow (40.9%).
Interest Coverage: TZ7's interest payments on its debt are well covered by EBIT (126.8x coverage).