TOA Balance Sheet Health
Financial Health criteria checks 5/6
TOA has a total shareholder equity of ¥50.9B and total debt of ¥1.7B, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ¥64.9B and ¥14.0B respectively. TOA's EBIT is ¥3.0B making its interest coverage ratio -16.1. It has cash and short-term investments of ¥17.1B.
Key information
3.3%
Debt to equity ratio
JP¥1.68b
Debt
| Interest coverage ratio | -16.1x |
| Cash | JP¥17.10b |
| Equity | JP¥50.88b |
| Total liabilities | JP¥13.99b |
| Total assets | JP¥64.87b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6809's short term assets (¥42.6B) exceed its short term liabilities (¥7.9B).
Long Term Liabilities: 6809's short term assets (¥42.6B) exceed its long term liabilities (¥6.1B).
Debt to Equity History and Analysis
Debt Level: 6809 has more cash than its total debt.
Reducing Debt: 6809's debt to equity ratio has increased from 2.9% to 3.3% over the past 5 years.
Debt Coverage: 6809's debt is well covered by operating cash flow (290.1%).
Interest Coverage: 6809 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 19:50 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TOA Corporation is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yusuke Naito | Ichiyoshi Research Institute Inc. |
| Shogo Oki | Marusan Securities Co. Ltd. |
| Takanobu Murakami | Okasan Securities Co. Ltd. |