TOCALOLtd Balance Sheet Health
Financial Health criteria checks 6/6
TOCALOLtd has a total shareholder equity of ¥57.9B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are ¥72.3B and ¥14.4B respectively. TOCALOLtd's EBIT is ¥8.7B making its interest coverage ratio -336.2. It has cash and short-term investments of ¥16.8B.
Key information
3.8%
Debt to equity ratio
JP¥2.18b
Debt
Interest coverage ratio | -336.2x |
Cash | JP¥16.85b |
Equity | JP¥57.90b |
Total liabilities | JP¥14.44b |
Total assets | JP¥72.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3433's short term assets (¥35.3B) exceed its short term liabilities (¥12.5B).
Long Term Liabilities: 3433's short term assets (¥35.3B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 3433 has more cash than its total debt.
Reducing Debt: 3433's debt to equity ratio has reduced from 8.5% to 3.8% over the past 5 years.
Debt Coverage: 3433's debt is well covered by operating cash flow (426.9%).
Interest Coverage: 3433 earns more interest than it pays, so coverage of interest payments is not a concern.