Toho Kinzoku Balance Sheet Health
Financial Health criteria checks 6/6
Toho Kinzoku has a total shareholder equity of ¥3.7B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are ¥6.4B and ¥2.7B respectively. Toho Kinzoku's EBIT is ¥191.0M making its interest coverage ratio -8.7. It has cash and short-term investments of ¥451.0M.
Key information
32.9%
Debt to equity ratio
JP¥1.21b
Debt
| Interest coverage ratio | -8.7x |
| Cash | JP¥451.00m |
| Equity | JP¥3.67b |
| Total liabilities | JP¥2.69b |
| Total assets | JP¥6.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5781's short term assets (¥3.6B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 5781's short term assets (¥3.6B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 5781's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: 5781's debt to equity ratio has reduced from 62.7% to 32.9% over the past 5 years.
Debt Coverage: 5781's debt is well covered by operating cash flow (44.4%).
Interest Coverage: 5781 earns more interest than it pays, so coverage of interest payments is not a concern.