Tohto Suisan Balance Sheet Health
Financial Health criteria checks 6/6
Tohto Suisan has a total shareholder equity of ¥28.2B and total debt of ¥5.0B, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are ¥42.2B and ¥14.0B respectively. Tohto Suisan's EBIT is ¥2.9B making its interest coverage ratio -11.3. It has cash and short-term investments of ¥6.8B.
Key information
17.8%
Debt to equity ratio
JP¥5.03b
Debt
| Interest coverage ratio | -11.3x |
| Cash | JP¥6.78b |
| Equity | JP¥28.20b |
| Total liabilities | JP¥14.01b |
| Total assets | JP¥42.21b |
Recent financial health updates
No updates
Recent updates
We Think That There Are More Issues For Tohto Suisan (TSE:8038) Than Just Sluggish Earnings
Nov 19
Tohto Suisan's (TSE:8038) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 21Tohto Suisan (TSE:8038) Has Announced A Dividend Of ¥135.00
Mar 17Tohto Suisan (TSE:8038) Will Pay A Dividend Of ¥135.00
Feb 27Financial Position Analysis
Short Term Liabilities: 8038's short term assets (¥23.2B) exceed its short term liabilities (¥8.6B).
Long Term Liabilities: 8038's short term assets (¥23.2B) exceed its long term liabilities (¥5.4B).
Debt to Equity History and Analysis
Debt Level: 8038 has more cash than its total debt.
Reducing Debt: 8038's debt to equity ratio has reduced from 38.2% to 17.8% over the past 5 years.
Debt Coverage: 8038's debt is well covered by operating cash flow (66.3%).
Interest Coverage: 8038 earns more interest than it pays, so coverage of interest payments is not a concern.