Toho Acetylene Balance Sheet Health
Financial Health criteria checks 6/6
Toho Acetylene has a total shareholder equity of ¥19.8B and total debt of ¥3.4B, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are ¥32.4B and ¥12.5B respectively. Toho Acetylene's EBIT is ¥2.3B making its interest coverage ratio 386.2. It has cash and short-term investments of ¥9.3B.
Key information
17.0%
Debt to equity ratio
JP¥3.37b
Debt
| Interest coverage ratio | 386.2x |
| Cash | JP¥9.29b |
| Equity | JP¥19.84b |
| Total liabilities | JP¥12.52b |
| Total assets | JP¥32.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4093's short term assets (¥18.8B) exceed its short term liabilities (¥10.2B).
Long Term Liabilities: 4093's short term assets (¥18.8B) exceed its long term liabilities (¥2.3B).
Debt to Equity History and Analysis
Debt Level: 4093 has more cash than its total debt.
Reducing Debt: 4093's debt to equity ratio has reduced from 25.2% to 17% over the past 5 years.
Debt Coverage: 4093's debt is well covered by operating cash flow (68.8%).
Interest Coverage: 4093's interest payments on its debt are well covered by EBIT (386.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 04:36 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Toho Acetylene Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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