Topy Industries Balance Sheet Health
Financial Health criteria checks 6/6
Topy Industries has a total shareholder equity of ¥141.2B and total debt of ¥73.4B, which brings its debt-to-equity ratio to 52%. Its total assets and total liabilities are ¥295.4B and ¥154.3B respectively. Topy Industries's EBIT is ¥9.0B making its interest coverage ratio -35.2. It has cash and short-term investments of ¥25.0B.
Key information
52.0%
Debt to equity ratio
JP¥73.38b
Debt
| Interest coverage ratio | -35.2x |
| Cash | JP¥24.95b |
| Equity | JP¥141.17b |
| Total liabilities | JP¥154.26b |
| Total assets | JP¥295.43b |
Recent financial health updates
No updates
Recent updates
Take Care Before Jumping Onto Topy Industries, Limited (TSE:7231) Even Though It's 33% Cheaper
Aug 05
Some 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 (¥155.7B) exceed its short term liabilities (¥94.7B).
Long Term Liabilities: 7231's short term assets (¥155.7B) exceed its long term liabilities (¥59.6B).
Debt to Equity History and Analysis
Debt Level: 7231's net debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: 7231's debt to equity ratio has reduced from 72.2% to 52% over the past 5 years.
Debt Coverage: 7231's debt is well covered by operating cash flow (30.4%).
Interest Coverage: 7231 earns more interest than it pays, so coverage of interest payments is not a concern.