Toa Road Balance Sheet Health
Financial Health criteria checks 5/6
Toa Road has a total shareholder equity of ¥53.2B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ¥83.3B and ¥30.1B respectively. Toa Road's EBIT is ¥5.0B making its interest coverage ratio -27.4. It has cash and short-term investments of ¥8.8B.
Key information
2.2%
Debt to equity ratio
JP¥1.18b
Debt
| Interest coverage ratio | -27.4x |
| Cash | JP¥8.84b |
| Equity | JP¥53.22b |
| Total liabilities | JP¥30.12b |
| Total assets | JP¥83.34b |
Financial Position Analysis
Short Term Liabilities: 1882's short term assets (¥52.7B) exceed its short term liabilities (¥26.3B).
Long Term Liabilities: 1882's short term assets (¥52.7B) exceed its long term liabilities (¥3.8B).
Debt to Equity History and Analysis
Debt Level: 1882 has more cash than its total debt.
Reducing Debt: 1882's debt to equity ratio has reduced from 15.7% to 2.2% over the past 5 years.
Debt Coverage: 1882's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1882 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 11:03 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Toa Road Corporation is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Company Forecast |
| Ashwini Kadam | Virtua Research Inc. |