Toabo Balance Sheet Health
Financial Health criteria checks 2/6
Toabo has a total shareholder equity of ¥12.5B and total debt of ¥12.8B, which brings its debt-to-equity ratio to 102.1%. Its total assets and total liabilities are ¥34.5B and ¥21.9B respectively. Toabo's EBIT is ¥744.0M making its interest coverage ratio 62. It has cash and short-term investments of ¥2.5B.
Key information
102.1%
Debt to equity ratio
JP¥12.80b
Debt
Interest coverage ratio | 62x |
Cash | JP¥2.47b |
Equity | JP¥12.54b |
Total liabilities | JP¥21.92b |
Total assets | JP¥34.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3204's short term assets (¥11.1B) exceed its short term liabilities (¥9.1B).
Long Term Liabilities: 3204's short term assets (¥11.1B) do not cover its long term liabilities (¥12.8B).
Debt to Equity History and Analysis
Debt Level: 3204's net debt to equity ratio (82.4%) is considered high.
Reducing Debt: 3204's debt to equity ratio has increased from 102% to 102.1% over the past 5 years.
Debt Coverage: 3204's debt is not well covered by operating cash flow (3.2%).
Interest Coverage: 3204's interest payments on its debt are well covered by EBIT (62x coverage).