Toyo Sugar Refining Balance Sheet Health
Financial Health criteria checks 6/6
Toyo Sugar Refining has a total shareholder equity of ¥10.8B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥13.4B and ¥2.5B respectively. Toyo Sugar Refining's EBIT is ¥884.0M making its interest coverage ratio -1.1. It has cash and short-term investments of ¥4.4B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -1.1x |
Cash | JP¥4.41b |
Equity | JP¥10.85b |
Total liabilities | JP¥2.53b |
Total assets | JP¥13.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2107's short term assets (¥9.8B) exceed its short term liabilities (¥2.1B).
Long Term Liabilities: 2107's short term assets (¥9.8B) exceed its long term liabilities (¥417.0M).
Debt to Equity History and Analysis
Debt Level: 2107 is debt free.
Reducing Debt: 2107 has no debt compared to 5 years ago when its debt to equity ratio was 15.2%.
Debt Coverage: 2107 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2107 has no debt, therefore coverage of interest payments is not a concern.