Toyo Suisan Kaisha Balance Sheet Health
Financial Health criteria checks 6/6
Toyo Suisan Kaisha has a total shareholder equity of ¥464.3B and total debt of ¥463.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ¥559.7B and ¥95.4B respectively. Toyo Suisan Kaisha's EBIT is ¥75.0B making its interest coverage ratio -10.2. It has cash and short-term investments of ¥244.0B.
Key information
0.1%
Debt to equity ratio
JP¥463.00m
Debt
| Interest coverage ratio | -10.2x |
| Cash | JP¥243.97b |
| Equity | JP¥464.27b |
| Total liabilities | JP¥95.42b |
| Total assets | JP¥559.68b |
Recent financial health updates
Does Toyo Suisan Kaisha (TSE:2875) Have A Healthy Balance Sheet?
Sep 08
These 4 Measures Indicate That Toyo Suisan Kaisha (TSE:2875) Is Using Debt Safely
May 28Recent updates
Toyo Suisan Kaisha, Ltd. Just Beat EPS By 16%: Here's What Analysts Think Will Happen Next
Nov 11Toyo Suisan Kaisha, Ltd.'s (TSE:2875) Share Price Could Signal Some Risk
Nov 07Toyo Suisan Kaisha (TSE:2875) Is Experiencing Growth In Returns On Capital
Oct 08Does Toyo Suisan Kaisha (TSE:2875) Have A Healthy Balance Sheet?
Sep 08Toyo Suisan Kaisha's (TSE:2875) Dividend Will Be ¥80.00
Aug 08Toyo Suisan Kaisha, Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 02Toyo Suisan Kaisha (TSE:2875) Will Pay A Dividend Of ¥80.00
Jul 25Toyo Suisan Kaisha (TSE:2875) Has Announced A Dividend Of ¥80.00
Jul 11The Return Trends At Toyo Suisan Kaisha (TSE:2875) Look Promising
Jun 12These 4 Measures Indicate That Toyo Suisan Kaisha (TSE:2875) Is Using Debt Safely
May 28Toyo Suisan Kaisha, Ltd.'s (TSE:2875) Shares Climb 25% But Its Business Is Yet to Catch Up
May 10Toyo Suisan Kaisha's (TSE:2875) Dividend Will Be ¥60.00
Mar 25Toyo Suisan Kaisha's (TSE:2875) Dividend Will Be ¥60.00
Mar 11Toyo Suisan Kaisha (TSE:2875) Will Pay A Dividend Of ¥60.00
Feb 26Financial Position Analysis
Short Term Liabilities: 2875's short term assets (¥349.8B) exceed its short term liabilities (¥68.6B).
Long Term Liabilities: 2875's short term assets (¥349.8B) exceed its long term liabilities (¥26.8B).
Debt to Equity History and Analysis
Debt Level: 2875 has more cash than its total debt.
Reducing Debt: 2875's debt to equity ratio has reduced from 0.1% to 0.1% over the past 5 years.
Debt Coverage: 2875's debt is well covered by operating cash flow (16540%).
Interest Coverage: 2875 earns more interest than it pays, so coverage of interest payments is not a concern.