Toda Corporation

TSE:1860 Stock Report

Market Cap: JP¥281.7b

Toda Balance Sheet Health

Financial Health criteria checks 3/6

Toda has a total shareholder equity of ¥351.8B and total debt of ¥271.2B, which brings its debt-to-equity ratio to 77.1%. Its total assets and total liabilities are ¥905.3B and ¥553.4B respectively. Toda's EBIT is ¥20.7B making its interest coverage ratio -4.4. It has cash and short-term investments of ¥81.7B.

Key information

77.1%

Debt to equity ratio

JP¥271.20b

Debt

Interest coverage ratio-4.4x
CashJP¥81.71b
EquityJP¥351.85b
Total liabilitiesJP¥553.45b
Total assetsJP¥905.30b

Recent financial health updates

Is Toda (TSE:1860) Using Too Much Debt?

Sep 11
Is Toda (TSE:1860) Using Too Much Debt?

Toda (TSE:1860) Takes On Some Risk With Its Use Of Debt

Jun 09
Toda (TSE:1860) Takes On Some Risk With Its Use Of Debt

Recent updates

Toda (TSE:1860) Will Pay A Dividend Of ¥14.50

Dec 10
Toda (TSE:1860) Will Pay A Dividend Of ¥14.50

Solid Earnings May Not Tell The Whole Story For Toda (TSE:1860)

Nov 22
Solid Earnings May Not Tell The Whole Story For Toda (TSE:1860)

Is Toda (TSE:1860) Using Too Much Debt?

Sep 11
Is Toda (TSE:1860) Using Too Much Debt?

Toda Corporation Just Missed Revenue By 7.6%: Here's What Analysts Think Will Happen Next

Aug 13
Toda Corporation Just Missed Revenue By 7.6%: Here's What Analysts Think Will Happen Next

Toda (TSE:1860) Has Announced That It Will Be Increasing Its Dividend To ¥14.50

Aug 11
Toda (TSE:1860) Has Announced That It Will Be Increasing Its Dividend To ¥14.50

Toda's (TSE:1860) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 26
Toda's (TSE:1860) Shareholders Will Receive A Bigger Dividend Than Last Year

Toda's (TSE:1860) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 11
Toda's (TSE:1860) Shareholders Will Receive A Bigger Dividend Than Last Year

With Toda Corporation (TSE:1860) It Looks Like You'll Get What You Pay For

Jul 04
With Toda Corporation (TSE:1860) It Looks Like You'll Get What You Pay For

Toda (TSE:1860) Takes On Some Risk With Its Use Of Debt

Jun 09
Toda (TSE:1860) Takes On Some Risk With Its Use Of Debt

Toda's (TSE:1860) Profits Appear To Have Quality Issues

May 22
Toda's (TSE:1860) Profits Appear To Have Quality Issues

Returns On Capital At Toda (TSE:1860) Paint A Concerning Picture

Apr 12
Returns On Capital At Toda (TSE:1860) Paint A Concerning Picture

Toda's (TSE:1860) Dividend Will Be ¥14.00

Mar 25
Toda's (TSE:1860) Dividend Will Be ¥14.00

Toda (TSE:1860) Is Due To Pay A Dividend Of ¥14.00

Mar 11
Toda (TSE:1860) Is Due To Pay A Dividend Of ¥14.00

Toda (TSE:1860) Has Announced A Dividend Of ¥14.00

Feb 26
Toda (TSE:1860) Has Announced A Dividend Of ¥14.00

Financial Position Analysis

Short Term Liabilities: 1860's short term assets (¥418.7B) exceed its short term liabilities (¥340.3B).

Long Term Liabilities: 1860's short term assets (¥418.7B) exceed its long term liabilities (¥213.2B).

Debt to Equity History and Analysis

Debt Level: 1860's net debt to equity ratio (53.9%) is considered high.

Reducing Debt: 1860's debt to equity ratio has increased from 46.3% to 77.1% over the past 5 years.

Debt Coverage: 1860's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 1860 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 10:01
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Toda Corporation is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hiroki KawashimaDaiwa Securities Co. Ltd.
Toshiyuki MizunoueIchiyoshi Research Institute Inc.
Makoto SakuraiMitsubishi UFJ Morgan Stanley Securities Company Limited