Toyo Seikan Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Toyo Seikan Group Holdings has a total shareholder equity of ¥697.1B and total debt of ¥189.6B, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are ¥1,180.2B and ¥483.1B respectively. Toyo Seikan Group Holdings's EBIT is ¥33.9B making its interest coverage ratio -70.4. It has cash and short-term investments of ¥90.0B.
Key information
27.2%
Debt to equity ratio
JP¥189.57b
Debt
Interest coverage ratio | -70.4x |
Cash | JP¥90.02b |
Equity | JP¥697.13b |
Total liabilities | JP¥483.10b |
Total assets | JP¥1.18t |
Recent financial health updates
Recent updates
The Price Is Right For Toyo Seikan Group Holdings, Ltd. (TSE:5901)
Jun 12The Strong Earnings Posted By Toyo Seikan Group Holdings (TSE:5901) Are A Good Indication Of The Strength Of The Business
May 22Investors Met With Slowing Returns on Capital At Toyo Seikan Group Holdings (TSE:5901)
Apr 17Toyo Seikan Group Holdings (TSE:5901) Has A Pretty Healthy Balance Sheet
Mar 26Financial Position Analysis
Short Term Liabilities: 5901's short term assets (¥585.4B) exceed its short term liabilities (¥270.6B).
Long Term Liabilities: 5901's short term assets (¥585.4B) exceed its long term liabilities (¥212.5B).
Debt to Equity History and Analysis
Debt Level: 5901's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: 5901's debt to equity ratio has increased from 25.5% to 27.2% over the past 5 years.
Debt Coverage: 5901's debt is well covered by operating cash flow (34.1%).
Interest Coverage: 5901 earns more interest than it pays, so coverage of interest payments is not a concern.