Toa Road Balance Sheet Health
Financial Health criteria checks 6/6
Toa Road has a total shareholder equity of ¥52.3B and total debt of ¥1.3B, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ¥84.0B and ¥31.7B respectively. Toa Road's EBIT is ¥5.4B making its interest coverage ratio -26.8. It has cash and short-term investments of ¥14.3B.
Key information
2.6%
Debt to equity ratio
JP¥1.34b
Debt
| Interest coverage ratio | -26.8x |
| Cash | JP¥14.32b |
| Equity | JP¥52.29b |
| Total liabilities | JP¥31.73b |
| Total assets | JP¥84.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1882's short term assets (¥52.6B) exceed its short term liabilities (¥27.8B).
Long Term Liabilities: 1882's short term assets (¥52.6B) exceed its long term liabilities (¥3.9B).
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 17.8% to 2.6% over the past 5 years.
Debt Coverage: 1882's debt is well covered by operating cash flow (816.1%).
Interest Coverage: 1882 earns more interest than it pays, so coverage of interest payments is not a concern.