Toho Zinc Balance Sheet Health
Financial Health criteria checks 3/6
Toho Zinc has a total shareholder equity of ¥6.7B and total debt of ¥75.8B, which brings its debt-to-equity ratio to 1124.5%. Its total assets and total liabilities are ¥105.4B and ¥98.7B respectively. Toho Zinc's EBIT is ¥3.0B making its interest coverage ratio 2.6. It has cash and short-term investments of ¥13.4B.
Key information
1,124.5%
Debt to equity ratio
JP¥75.79b
Debt
| Interest coverage ratio | 2.6x |
| Cash | JP¥13.44b |
| Equity | JP¥6.74b |
| Total liabilities | JP¥98.68b |
| Total assets | JP¥105.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T62's short term assets (¥72.0B) do not cover its short term liabilities (¥74.8B).
Long Term Liabilities: T62's short term assets (¥72.0B) exceed its long term liabilities (¥23.8B).
Debt to Equity History and Analysis
Debt Level: T62's net debt to equity ratio (925.2%) is considered high.
Reducing Debt: T62's debt to equity ratio has increased from 137% to 1124.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable T62 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: T62 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.9% per year.