Toyo Construction Balance Sheet Health
Financial Health criteria checks 6/6
Toyo Construction has a total shareholder equity of ¥77.0B and total debt of ¥11.3B, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are ¥155.6B and ¥78.6B respectively. Toyo Construction's EBIT is ¥11.5B making its interest coverage ratio 676.4. It has cash and short-term investments of ¥20.7B.
Key information
14.6%
Debt to equity ratio
JP¥11.27b
Debt
Interest coverage ratio | 676.4x |
Cash | JP¥20.70b |
Equity | JP¥76.95b |
Total liabilities | JP¥78.64b |
Total assets | JP¥155.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1890's short term assets (¥111.8B) exceed its short term liabilities (¥69.7B).
Long Term Liabilities: 1890's short term assets (¥111.8B) exceed its long term liabilities (¥8.9B).
Debt to Equity History and Analysis
Debt Level: 1890 has more cash than its total debt.
Reducing Debt: 1890's debt to equity ratio has reduced from 14.9% to 14.6% over the past 5 years.
Debt Coverage: 1890's debt is well covered by operating cash flow (75.9%).
Interest Coverage: 1890's interest payments on its debt are well covered by EBIT (676.4x coverage).