Toho Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Toho Holdings has a total shareholder equity of ¥243.7B and total debt of ¥36.3B, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are ¥804.9B and ¥561.2B respectively. Toho Holdings's EBIT is ¥15.8B making its interest coverage ratio -13.7. It has cash and short-term investments of ¥128.9B.
Key information
14.9%
Debt to equity ratio
JP¥36.34b
Debt
Interest coverage ratio | -13.7x |
Cash | JP¥128.88b |
Equity | JP¥243.70b |
Total liabilities | JP¥561.17b |
Total assets | JP¥804.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TON's short term assets (¥627.9B) exceed its short term liabilities (¥508.5B).
Long Term Liabilities: TON's short term assets (¥627.9B) exceed its long term liabilities (¥52.7B).
Debt to Equity History and Analysis
Debt Level: TON has more cash than its total debt.
Reducing Debt: TON's debt to equity ratio has reduced from 19.5% to 14.9% over the past 5 years.
Debt Coverage: TON's debt is well covered by operating cash flow (119%).
Interest Coverage: TON earns more interest than it pays, so coverage of interest payments is not a concern.