Toagosei Balance Sheet Health
Financial Health criteria checks 6/6
Toagosei has a total shareholder equity of ¥217.0B and total debt of ¥11.2B, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are ¥280.9B and ¥63.9B respectively. Toagosei's EBIT is ¥15.1B making its interest coverage ratio -10.1. It has cash and short-term investments of ¥51.0B.
Key information
5.1%
Debt to equity ratio
JP¥11.15b
Debt
Interest coverage ratio | -10.1x |
Cash | JP¥51.04b |
Equity | JP¥216.99b |
Total liabilities | JP¥63.95b |
Total assets | JP¥280.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4045's short term assets (¥129.9B) exceed its short term liabilities (¥47.1B).
Long Term Liabilities: 4045's short term assets (¥129.9B) exceed its long term liabilities (¥16.8B).
Debt to Equity History and Analysis
Debt Level: 4045 has more cash than its total debt.
Reducing Debt: 4045's debt to equity ratio has reduced from 6% to 5.1% over the past 5 years.
Debt Coverage: 4045's debt is well covered by operating cash flow (199.9%).
Interest Coverage: 4045 earns more interest than it pays, so coverage of interest payments is not a concern.