Toyo Shutter Balance Sheet Health
Financial Health criteria checks 6/6
Toyo Shutter has a total shareholder equity of ¥8.4B and total debt of ¥3.6B, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are ¥19.5B and ¥11.0B respectively. Toyo Shutter's EBIT is ¥1.4B making its interest coverage ratio 21.4. It has cash and short-term investments of ¥4.9B.
Key information
43.0%
Debt to equity ratio
JP¥3.63b
Debt
Interest coverage ratio | 21.4x |
Cash | JP¥4.85b |
Equity | JP¥8.44b |
Total liabilities | JP¥11.03b |
Total assets | JP¥19.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5936's short term assets (¥12.9B) exceed its short term liabilities (¥8.0B).
Long Term Liabilities: 5936's short term assets (¥12.9B) exceed its long term liabilities (¥3.0B).
Debt to Equity History and Analysis
Debt Level: 5936 has more cash than its total debt.
Reducing Debt: 5936's debt to equity ratio has reduced from 67.5% to 43% over the past 5 years.
Debt Coverage: 5936's debt is well covered by operating cash flow (62.3%).
Interest Coverage: 5936's interest payments on its debt are well covered by EBIT (21.4x coverage).