Tosho Co., Ltd.

TSE:8920 Stock Report

Market Cap: JP¥24.7b

Tosho Balance Sheet Health

Financial Health criteria checks 6/6

Tosho has a total shareholder equity of ¥42.0B and total debt of ¥26.0B, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are ¥78.5B and ¥36.5B respectively. Tosho's EBIT is ¥4.9B making its interest coverage ratio 36.3. It has cash and short-term investments of ¥17.1B.

Key information

61.7%

Debt to equity ratio

JP¥25.95b

Debt

Interest coverage ratio36.3x
CashJP¥17.13b
EquityJP¥42.03b
Total liabilitiesJP¥36.49b
Total assetsJP¥78.51b

Recent financial health updates

Does Tosho (TSE:8920) Have A Healthy Balance Sheet?

Aug 02
Does Tosho (TSE:8920) Have A Healthy Balance Sheet?

Recent updates

Revenues Not Telling The Story For Tosho Co., Ltd. (TSE:8920) After Shares Rise 31%

Sep 04
Revenues Not Telling The Story For Tosho Co., Ltd. (TSE:8920) After Shares Rise 31%

Analysts Just Made A Decent Upgrade To Their Tosho Co., Ltd. (TSE:8920) Forecasts

Aug 31
Analysts Just Made A Decent Upgrade To Their Tosho Co., Ltd. (TSE:8920) Forecasts

Does Tosho (TSE:8920) Have A Healthy Balance Sheet?

Aug 02
Does Tosho (TSE:8920) Have A Healthy Balance Sheet?

Financial Position Analysis

Short Term Liabilities: 8920's short term assets (¥27.5B) exceed its short term liabilities (¥14.7B).

Long Term Liabilities: 8920's short term assets (¥27.5B) exceed its long term liabilities (¥21.8B).

Debt to Equity History and Analysis

Debt Level: 8920's net debt to equity ratio (21%) is considered satisfactory.

Reducing Debt: 8920's debt to equity ratio has reduced from 72.7% to 61.7% over the past 5 years.

Debt Coverage: 8920's debt is well covered by operating cash flow (42%).

Interest Coverage: 8920's interest payments on its debt are well covered by EBIT (36.3x coverage).

Balance Sheet

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