Topy Industries Balance Sheet Health
Financial Health criteria checks 6/6
Topy Industries has a total shareholder equity of ¥138.5B and total debt of ¥74.2B, which brings its debt-to-equity ratio to 53.6%. Its total assets and total liabilities are ¥282.7B and ¥144.2B respectively. Topy Industries's EBIT is ¥7.1B making its interest coverage ratio -25.7. It has cash and short-term investments of ¥25.7B.
Key information
53.6%
Debt to equity ratio
JP¥74.23b
Debt
| Interest coverage ratio | -25.7x |
| Cash | JP¥25.69b |
| Equity | JP¥138.52b |
| Total liabilities | JP¥144.21b |
| Total assets | JP¥282.73b |
Recent financial health updates
No updates
Recent updates
There May Be Reason For Hope In Topy Industries' (TSE:7231) Disappointing Earnings
Nov 21
Take Care Before Jumping Onto Topy Industries, Limited (TSE:7231) Even Though It's 33% Cheaper
Aug 05Some Investors May Be Willing To Look Past Topy Industries' (TSE:7231) Soft Earnings
May 21Topy Industries (TSE:7231) Has Announced That It Will Be Increasing Its Dividend To ¥78.00
Mar 12Topy Industries (TSE:7231) Will Pay A Larger Dividend Than Last Year At ¥78.00
Feb 27Financial Position Analysis
Short Term Liabilities: 7231's short term assets (¥149.7B) exceed its short term liabilities (¥90.5B).
Long Term Liabilities: 7231's short term assets (¥149.7B) exceed its long term liabilities (¥53.7B).
Debt to Equity History and Analysis
Debt Level: 7231's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: 7231's debt to equity ratio has reduced from 72.4% to 53.6% over the past 5 years.
Debt Coverage: 7231's debt is well covered by operating cash flow (30.3%).
Interest Coverage: 7231 earns more interest than it pays, so coverage of interest payments is not a concern.