TOYO Balance Sheet Health
Financial Health criteria checks 5/6
TOYO has a total shareholder equity of ¥28.1B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are ¥39.1B and ¥11.0B respectively. TOYO's EBIT is ¥3.4B making its interest coverage ratio -52.9. It has cash and short-term investments of ¥5.0B.
Key information
7.1%
Debt to equity ratio
JP¥2.00b
Debt
| Interest coverage ratio | -52.9x |
| Cash | JP¥5.03b |
| Equity | JP¥28.13b |
| Total liabilities | JP¥11.01b |
| Total assets | JP¥39.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOY's short term assets (¥18.4B) exceed its short term liabilities (¥9.9B).
Long Term Liabilities: TOY's short term assets (¥18.4B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: TOY has more cash than its total debt.
Reducing Debt: TOY's debt to equity ratio has increased from 0% to 7.1% over the past 5 years.
Debt Coverage: TOY's debt is well covered by operating cash flow (205.5%).
Interest Coverage: TOY earns more interest than it pays, so coverage of interest payments is not a concern.