Tosoh Balance Sheet Health
Financial Health criteria checks 5/6
Tosoh has a total shareholder equity of ¥867.8B and total debt of ¥192.8B, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are ¥1,313.1B and ¥445.3B respectively. Tosoh's EBIT is ¥86.1B making its interest coverage ratio -754.9. It has cash and short-term investments of ¥149.9B.
Key information
22.2%
Debt to equity ratio
JP¥192.75b
Debt
| Interest coverage ratio | -754.9x |
| Cash | JP¥149.91b |
| Equity | JP¥867.78b |
| Total liabilities | JP¥445.29b |
| Total assets | JP¥1.31t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOS's short term assets (¥759.3B) exceed its short term liabilities (¥358.5B).
Long Term Liabilities: TOS's short term assets (¥759.3B) exceed its long term liabilities (¥86.8B).
Debt to Equity History and Analysis
Debt Level: TOS's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: TOS's debt to equity ratio has increased from 17.8% to 22.2% over the past 5 years.
Debt Coverage: TOS's debt is well covered by operating cash flow (54.1%).
Interest Coverage: TOS earns more interest than it pays, so coverage of interest payments is not a concern.