T.O. HoldingsLTD Balance Sheet Health
Financial Health criteria checks 3/6
T.O. HoldingsLTD has a total shareholder equity of ¥439.0M and total debt of ¥11.8B, which brings its debt-to-equity ratio to 2692.9%. Its total assets and total liabilities are ¥17.2B and ¥16.8B respectively. T.O. HoldingsLTD's EBIT is ¥312.0M making its interest coverage ratio 2.4. It has cash and short-term investments of ¥431.0M.
Key information
2,692.9%
Debt to equity ratio
JP¥11.82b
Debt
Interest coverage ratio | 2.4x |
Cash | JP¥431.00m |
Equity | JP¥439.00m |
Total liabilities | JP¥16.77b |
Total assets | JP¥17.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9812's short term assets (¥7.8B) do not cover its short term liabilities (¥10.1B).
Long Term Liabilities: 9812's short term assets (¥7.8B) exceed its long term liabilities (¥6.6B).
Debt to Equity History and Analysis
Debt Level: 9812's net debt to equity ratio (2594.8%) is considered high.
Reducing Debt: 9812's debt to equity ratio has increased from 779% to 2692.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 9812 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 9812 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 34% per year.