Toho Titanium Balance Sheet Health

Financial Health criteria checks 4/6

Toho Titanium has a total shareholder equity of ¥56.2B and total debt of ¥51.2B, which brings its debt-to-equity ratio to 91.1%. Its total assets and total liabilities are ¥118.8B and ¥62.6B respectively. Toho Titanium's EBIT is ¥5.7B making its interest coverage ratio 21.5. It has cash and short-term investments of ¥4.1B.

Key information

91.1%

Debt to equity ratio

JP¥51.19b

Debt

Interest coverage ratio21.5x
CashJP¥4.06b
EquityJP¥56.19b
Total liabilitiesJP¥62.62b
Total assetsJP¥118.81b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 40A's short term assets (¥68.0B) exceed its short term liabilities (¥42.8B).

Long Term Liabilities: 40A's short term assets (¥68.0B) exceed its long term liabilities (¥19.8B).


Debt to Equity History and Analysis

Debt Level: 40A's net debt to equity ratio (83.9%) is considered high.

Reducing Debt: 40A's debt to equity ratio has increased from 61.5% to 91.1% over the past 5 years.

Debt Coverage: 40A's debt is well covered by operating cash flow (22.3%).

Interest Coverage: 40A's interest payments on its debt are well covered by EBIT (21.5x coverage).


Balance Sheet


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