Toyo Drilube Balance Sheet Health
Financial Health criteria checks 6/6
Toyo Drilube has a total shareholder equity of ¥9.9B and total debt of ¥757.0M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are ¥12.2B and ¥2.3B respectively. Toyo Drilube's EBIT is ¥683.0M making its interest coverage ratio -85.4. It has cash and short-term investments of ¥4.7B.
Key information
7.7%
Debt to equity ratio
JP¥757.00m
Debt
| Interest coverage ratio | -85.4x |
| Cash | JP¥4.67b |
| Equity | JP¥9.87b |
| Total liabilities | JP¥2.34b |
| Total assets | JP¥12.21b |
Recent financial health updates
Does Toyo Drilube (TSE:4976) Have A Healthy Balance Sheet?
Aug 07
These 4 Measures Indicate That Toyo Drilube (TYO:4976) Is Using Debt Safely
Feb 15Recent updates
Does Toyo Drilube (TSE:4976) Have A Healthy Balance Sheet?
Aug 07Investors Still Aren't Entirely Convinced By Toyo Drilube Co., Ltd.'s (TSE:4976) Earnings Despite 28% Price Jump
Apr 10Return Trends At Toyo Drilube (TSE:4976) Aren't Appealing
Mar 11What To Know Before Buying Toyo Drilube Co., Ltd. (TYO:4976) For Its Dividend
Apr 20How Has Toyo Drilube (TYO:4976) Allocated Its Capital?
Mar 14These 4 Measures Indicate That Toyo Drilube (TYO:4976) Is Using Debt Safely
Feb 15Is Toyo Drilube Co., Ltd.'s (TYO:4976) 1.7% Dividend Worth Your Time?
Jan 20
Toyo Drilube Co., Ltd. (TYO:4976) Is About To Go Ex-Dividend, And It Pays A 1.7% Yield
Dec 24How Well Is Toyo Drilube (TYO:4976) Allocating Its Capital?
Dec 14Financial Position Analysis
Short Term Liabilities: 4976's short term assets (¥6.5B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 4976's short term assets (¥6.5B) exceed its long term liabilities (¥745.0M).
Debt to Equity History and Analysis
Debt Level: 4976 has more cash than its total debt.
Reducing Debt: 4976's debt to equity ratio has reduced from 10.4% to 7.7% over the past 5 years.
Debt Coverage: 4976's debt is well covered by operating cash flow (184.7%).
Interest Coverage: 4976 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 14:00 |
| End of Day Share Price | 2025/01/22 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Toyo Drilube 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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