Toyobo Balance Sheet Health
Financial Health criteria checks 3/6
Toyobo has a total shareholder equity of ¥228.9B and total debt of ¥249.5B, which brings its debt-to-equity ratio to 109%. Its total assets and total liabilities are ¥603.2B and ¥374.3B respectively. Toyobo's EBIT is ¥13.6B making its interest coverage ratio 10.3. It has cash and short-term investments of ¥28.4B.
Key information
109.0%
Debt to equity ratio
JP¥249.54b
Debt
| Interest coverage ratio | 10.3x |
| Cash | JP¥28.35b |
| Equity | JP¥228.87b |
| Total liabilities | JP¥374.31b |
| Total assets | JP¥603.18b |
Recent financial health updates
No updates
Recent updates
Statutory Profit Doesn't Reflect How Good Toyobo's (TSE:3101) Earnings Are
Nov 19
Toyobo Co., Ltd.'s (TSE:3101) Price In Tune With Revenues
Aug 06Shareholders Can Be Confident That Toyobo's (TSE:3101) Earnings Are High Quality
May 21Toyobo (TSE:3101) Will Pay A Dividend Of ¥40.00
Mar 12Toyobo (TSE:3101) Is Paying Out A Dividend Of ¥40.00
Feb 27Financial Position Analysis
Short Term Liabilities: 3101's short term assets (¥257.3B) exceed its short term liabilities (¥154.0B).
Long Term Liabilities: 3101's short term assets (¥257.3B) exceed its long term liabilities (¥220.3B).
Debt to Equity History and Analysis
Debt Level: 3101's net debt to equity ratio (96.6%) is considered high.
Reducing Debt: 3101's debt to equity ratio has increased from 101.9% to 109% over the past 5 years.
Debt Coverage: 3101's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: 3101's interest payments on its debt are well covered by EBIT (10.3x coverage).