Tosoh Balance Sheet Health
Financial Health criteria checks 5/6
Tosoh has a total shareholder equity of ¥829.3B and total debt of ¥186.9B, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are ¥1,263.6B and ¥434.2B respectively. Tosoh's EBIT is ¥75.3B making its interest coverage ratio -172.6. It has cash and short-term investments of ¥136.1B.
Key information
22.5%
Debt to equity ratio
JP¥186.90b
Debt
Interest coverage ratio | -172.6x |
Cash | JP¥136.10b |
Equity | JP¥829.33b |
Total liabilities | JP¥434.25b |
Total assets | JP¥1.26t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOS's short term assets (¥748.4B) exceed its short term liabilities (¥368.6B).
Long Term Liabilities: TOS's short term assets (¥748.4B) exceed its long term liabilities (¥65.6B).
Debt to Equity History and Analysis
Debt Level: TOS's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: TOS's debt to equity ratio has increased from 20.4% to 22.5% over the past 5 years.
Debt Coverage: TOS's debt is well covered by operating cash flow (41.1%).
Interest Coverage: TOS earns more interest than it pays, so coverage of interest payments is not a concern.