Toho Titanium Balance Sheet Health
Financial Health criteria checks 3/6
Toho Titanium has a total shareholder equity of ¥56.5B and total debt of ¥52.0B, which brings its debt-to-equity ratio to 92.1%. Its total assets and total liabilities are ¥121.7B and ¥65.2B respectively. Toho Titanium's EBIT is ¥6.4B making its interest coverage ratio 26.4. It has cash and short-term investments of ¥2.0B.
Key information
92.1%
Debt to equity ratio
JP¥52.03b
Debt
| Interest coverage ratio | 26.4x |
| Cash | JP¥2.04b |
| Equity | JP¥56.53b |
| Total liabilities | JP¥65.21b |
| Total assets | JP¥121.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 40A's short term assets (¥71.2B) exceed its short term liabilities (¥45.2B).
Long Term Liabilities: 40A's short term assets (¥71.2B) exceed its long term liabilities (¥20.0B).
Debt to Equity History and Analysis
Debt Level: 40A's net debt to equity ratio (88.4%) is considered high.
Reducing Debt: 40A's debt to equity ratio has increased from 60.5% to 92.1% over the past 5 years.
Debt Coverage: 40A's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 40A's interest payments on its debt are well covered by EBIT (26.4x coverage).