Tohto Suisan Balance Sheet Health
Financial Health criteria checks 5/6
Tohto Suisan has a total shareholder equity of ¥26.1B and total debt of ¥5.4B, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are ¥43.0B and ¥16.9B respectively. Tohto Suisan's EBIT is ¥2.8B making its interest coverage ratio -13.5. It has cash and short-term investments of ¥7.7B.
Key information
20.6%
Debt to equity ratio
JP¥5.39b
Debt
Interest coverage ratio | -13.5x |
Cash | JP¥7.71b |
Equity | JP¥26.11b |
Total liabilities | JP¥16.88b |
Total assets | JP¥42.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8038's short term assets (¥26.4B) exceed its short term liabilities (¥11.1B).
Long Term Liabilities: 8038's short term assets (¥26.4B) exceed its long term liabilities (¥5.8B).
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 45% to 20.6% over the past 5 years.
Debt Coverage: 8038's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: 8038 earns more interest than it pays, so coverage of interest payments is not a concern.