Toda Kogyo Balance Sheet Health
Financial Health criteria checks 2/6
Toda Kogyo has a total shareholder equity of ¥19.5B and total debt of ¥27.2B, which brings its debt-to-equity ratio to 140%. Its total assets and total liabilities are ¥57.6B and ¥38.2B respectively. Toda Kogyo's EBIT is ¥394.0M making its interest coverage ratio 2.3. It has cash and short-term investments of ¥7.6B.
Key information
140.0%
Debt to equity ratio
JP¥27.24b
Debt
Interest coverage ratio | 2.3x |
Cash | JP¥7.56b |
Equity | JP¥19.46b |
Total liabilities | JP¥38.16b |
Total assets | JP¥57.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4100's short term assets (¥29.9B) exceed its short term liabilities (¥20.1B).
Long Term Liabilities: 4100's short term assets (¥29.9B) exceed its long term liabilities (¥18.1B).
Debt to Equity History and Analysis
Debt Level: 4100's net debt to equity ratio (101.2%) is considered high.
Reducing Debt: 4100's debt to equity ratio has increased from 115.2% to 140% over the past 5 years.
Debt Coverage: 4100's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4100's interest payments on its debt are not well covered by EBIT (2.3x coverage).