Toyo Shutter Balance Sheet Health
Financial Health criteria checks 5/6
Toyo Shutter has a total shareholder equity of ¥9.0B and total debt of ¥3.4B, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are ¥19.0B and ¥10.0B respectively. Toyo Shutter's EBIT is ¥1.3B making its interest coverage ratio 17.3. It has cash and short-term investments of ¥4.4B.
Key information
38.2%
Debt to equity ratio
JP¥3.44b
Debt
| Interest coverage ratio | 17.3x |
| Cash | JP¥4.35b |
| Equity | JP¥9.02b |
| Total liabilities | JP¥9.97b |
| Total assets | JP¥18.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5936's short term assets (¥11.8B) exceed its short term liabilities (¥8.8B).
Long Term Liabilities: 5936's short term assets (¥11.8B) exceed its long term liabilities (¥1.2B).
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 61.1% to 38.2% over the past 5 years.
Debt Coverage: 5936's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: 5936's interest payments on its debt are well covered by EBIT (17.3x coverage).