Toho Balance Sheet Health
Financial Health criteria checks 5/6
Toho has a total shareholder equity of ¥27.6B and total debt of ¥21.4B, which brings its debt-to-equity ratio to 77.7%. Its total assets and total liabilities are ¥88.3B and ¥60.7B respectively. Toho's EBIT is ¥7.8B making its interest coverage ratio 101.5. It has cash and short-term investments of ¥9.7B.
Key information
77.7%
Debt to equity ratio
JP¥21.43b
Debt
Interest coverage ratio | 101.5x |
Cash | JP¥9.65b |
Equity | JP¥27.56b |
Total liabilities | JP¥60.73b |
Total assets | JP¥88.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8142's short term assets (¥45.5B) exceed its short term liabilities (¥44.5B).
Long Term Liabilities: 8142's short term assets (¥45.5B) exceed its long term liabilities (¥16.3B).
Debt to Equity History and Analysis
Debt Level: 8142's net debt to equity ratio (42.7%) is considered high.
Reducing Debt: 8142's debt to equity ratio has reduced from 126.8% to 77.7% over the past 5 years.
Debt Coverage: 8142's debt is well covered by operating cash flow (43.4%).
Interest Coverage: 8142's interest payments on its debt are well covered by EBIT (101.5x coverage).