Toyota Boshoku Balance Sheet Health
Financial Health criteria checks 5/6
Toyota Boshoku has a total shareholder equity of ¥476.5B and total debt of ¥188.8B, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are ¥1,117.9B and ¥641.4B respectively. Toyota Boshoku's EBIT is ¥92.7B making its interest coverage ratio -57.3. It has cash and short-term investments of ¥320.7B.
Key information
39.6%
Debt to equity ratio
JP¥188.84b
Debt
| Interest coverage ratio | -57.3x |
| Cash | JP¥320.65b |
| Equity | JP¥476.46b |
| Total liabilities | JP¥641.44b |
| Total assets | JP¥1.12t |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3116's short term assets (¥732.9B) exceed its short term liabilities (¥436.2B).
Long Term Liabilities: 3116's short term assets (¥732.9B) exceed its long term liabilities (¥205.2B).
Debt to Equity History and Analysis
Debt Level: 3116 has more cash than its total debt.
Reducing Debt: 3116's debt to equity ratio has increased from 30.1% to 39.6% over the past 5 years.
Debt Coverage: 3116's debt is well covered by operating cash flow (88.8%).
Interest Coverage: 3116 earns more interest than it pays, so coverage of interest payments is not a concern.