TOLI Balance Sheet Health
Financial Health criteria checks 6/6
TOLI has a total shareholder equity of ¥42.9B and total debt of ¥6.7B, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are ¥85.9B and ¥43.0B respectively. TOLI's EBIT is ¥5.0B making its interest coverage ratio -39.5. It has cash and short-term investments of ¥9.9B.
Key information
15.6%
Debt to equity ratio
JP¥6.70b
Debt
Interest coverage ratio | -39.5x |
Cash | JP¥9.91b |
Equity | JP¥42.92b |
Total liabilities | JP¥43.01b |
Total assets | JP¥85.92b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7971's short term assets (¥50.3B) exceed its short term liabilities (¥30.5B).
Long Term Liabilities: 7971's short term assets (¥50.3B) exceed its long term liabilities (¥12.5B).
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 18.8% to 15.6% over the past 5 years.
Debt Coverage: 7971's debt is well covered by operating cash flow (74.8%).
Interest Coverage: 7971 earns more interest than it pays, so coverage of interest payments is not a concern.