Toin Balance Sheet Health
Financial Health criteria checks 4/6
Toin has a total shareholder equity of ¥9.7B and total debt of ¥3.8B, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are ¥18.6B and ¥9.0B respectively. Toin's EBIT is ¥257.0M making its interest coverage ratio -12.9. It has cash and short-term investments of ¥2.2B.
Key information
39.2%
Debt to equity ratio
JP¥3.80b
Debt
| Interest coverage ratio | -12.9x |
| Cash | JP¥2.18b |
| Equity | JP¥9.68b |
| Total liabilities | JP¥8.96b |
| Total assets | JP¥18.64b |
Recent financial health updates
Recent updates
Should You Buy Toin Corporation (TYO:7923) For Its 1.9% Dividend?
May 09
The Return Trends At Toin (TYO:7923) Look Promising
Mar 26Is Toin (TYO:7923) A Risky Investment?
Feb 18
Is Toin Corporation (TYO:7923) An Attractive Dividend Stock?
Jan 13Can Toin (TYO:7923) Continue To Grow Its Returns On Capital?
Dec 23We're Not Counting On Toin (TYO:7923) To Sustain Its Statutory Profitability
Dec 02Financial Position Analysis
Short Term Liabilities: 7923's short term assets (¥8.5B) exceed its short term liabilities (¥5.5B).
Long Term Liabilities: 7923's short term assets (¥8.5B) exceed its long term liabilities (¥3.5B).
Debt to Equity History and Analysis
Debt Level: 7923's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: 7923's debt to equity ratio has increased from 39% to 39.2% over the past 5 years.
Debt Coverage: 7923's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: 7923 earns more interest than it pays, so coverage of interest payments is not a concern.