TOLI Balance Sheet Health
Financial Health criteria checks 6/6
TOLI has a total shareholder equity of ¥45.5B and total debt of ¥6.7B, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are ¥84.5B and ¥39.1B respectively. TOLI's EBIT is ¥4.7B making its interest coverage ratio -32.3. It has cash and short-term investments of ¥7.2B.
Key information
14.7%
Debt to equity ratio
JP¥6.70b
Debt
| Interest coverage ratio | -32.3x |
| Cash | JP¥7.23b |
| Equity | JP¥45.46b |
| Total liabilities | JP¥39.09b |
| Total assets | JP¥84.55b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7971's short term assets (¥45.8B) exceed its short term liabilities (¥29.1B).
Long Term Liabilities: 7971's short term assets (¥45.8B) exceed its long term liabilities (¥10.0B).
Debt to Equity History and Analysis
Debt Level: 7971 has more cash than its total debt.
Reducing Debt: 7971's debt to equity ratio has reduced from 18.4% to 14.7% over the past 5 years.
Debt Coverage: 7971's debt is well covered by operating cash flow (55.9%).
Interest Coverage: 7971 earns more interest than it pays, so coverage of interest payments is not a concern.