Toyo Suisan Kaisha Balance Sheet Health
Financial Health criteria checks 6/6
Toyo Suisan Kaisha has a total shareholder equity of ¥445.3B and total debt of ¥392.0M, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are ¥547.3B and ¥102.0B respectively. Toyo Suisan Kaisha's EBIT is ¥56.3B making its interest coverage ratio -9.7. It has cash and short-term investments of ¥217.0B.
Key information
0.09%
Debt to equity ratio
JP¥392.00m
Debt
| Interest coverage ratio | -9.7x |
| Cash | JP¥217.03b |
| Equity | JP¥445.27b |
| Total liabilities | JP¥102.00b |
| Total assets | JP¥547.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2875's short term assets (¥336.5B) exceed its short term liabilities (¥73.2B).
Long Term Liabilities: 2875's short term assets (¥336.5B) exceed its long term liabilities (¥28.8B).
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 0.09% over the past 5 years.
Debt Coverage: 2875's debt is well covered by operating cash flow (15481.1%).
Interest Coverage: 2875 earns more interest than it pays, so coverage of interest payments is not a concern.