Toso Company Balance Sheet Health
Financial Health criteria checks 6/6
Toso Company has a total shareholder equity of ¥14.0B and total debt of ¥1.4B, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are ¥21.0B and ¥7.0B respectively. Toso Company's EBIT is ¥596.0M making its interest coverage ratio -33.1. It has cash and short-term investments of ¥3.4B.
Key information
10.4%
Debt to equity ratio
JP¥1.45b
Debt
Interest coverage ratio | -33.1x |
Cash | JP¥3.41b |
Equity | JP¥13.95b |
Total liabilities | JP¥7.04b |
Total assets | JP¥20.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5956's short term assets (¥15.6B) exceed its short term liabilities (¥5.8B).
Long Term Liabilities: 5956's short term assets (¥15.6B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 5956 has more cash than its total debt.
Reducing Debt: 5956's debt to equity ratio has reduced from 28.4% to 10.4% over the past 5 years.
Debt Coverage: 5956's debt is well covered by operating cash flow (23.8%).
Interest Coverage: 5956 earns more interest than it pays, so coverage of interest payments is not a concern.