Toho Balance Sheet Health

Financial Health criteria checks 5/6

Toho has a total shareholder equity of ¥472.6B and total debt of ¥22.6B, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are ¥625.2B and ¥152.6B respectively. Toho's EBIT is ¥69.4B making its interest coverage ratio -26.9. It has cash and short-term investments of ¥90.6B.

Key information

4.8%

Debt to equity ratio

JP¥22.57b

Debt

Interest coverage ratio	-26.9x
Cash	JP¥90.58b
Equity	JP¥472.58b
Total liabilities	JP¥152.57b
Total assets	JP¥625.15b

Recent financial health updates

Toho (TSE:9602) Could Easily Take On More Debt

Nov 05

Recent updates

Toho Co., Ltd. (TSE:9602) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Jul 19

A Look At The Fair Value Of Toho Co., Ltd. (TSE:9602)

Jul 11

Toho (TSE:9602) Is Due To Pay A Dividend Of ¥35.00

Jun 20

Toho (TSE:9602) Has Announced A Dividend Of ¥35.00

Jun 06

Toho Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Apr 18

Calculating The Fair Value Of Toho Co., Ltd. (TSE:9602)

Mar 29

Getting In Cheap On Toho Co., Ltd. (TSE:9602) Is Unlikely

Mar 12

Financial Position Analysis

Short Term Liabilities: 9602's short term assets (¥194.5B) exceed its short term liabilities (¥92.0B).

Long Term Liabilities: 9602's short term assets (¥194.5B) exceed its long term liabilities (¥60.6B).

Debt to Equity History and Analysis

Debt Level: 9602 has more cash than its total debt.

Reducing Debt: 9602's debt to equity ratio has increased from 0.07% to 4.8% over the past 5 years.

Debt Coverage: 9602's debt is well covered by operating cash flow (210.3%).

Interest Coverage: 9602 earns more interest than it pays, so coverage of interest payments is not a concern.

Toho Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Toho (TSE:9602) Could Easily Take On More Debt

Recent updates

First half dividend of JP¥35.00 announced

Now 21% overvalued after recent price rise

Toho (TSE:9602) Could Easily Take On More Debt

Toho Co., Ltd. to Report Q3, 2025 Results on Jan 14, 2025

Now 20% overvalued after recent price rise

Toho Co., Ltd. Just Beat Revenue Estimates By 6.4%

Second quarter 2025 earnings released: EPS: JP¥60.86 (vs JP¥54.18 in 2Q 2024)

Toho Co., Ltd. (TSE:9602) acquired 6.09% stake in CoMix Wave Films Inc.

Toho Co., Ltd. to Report Q2, 2025 Results on Oct 15, 2024

Now 20% overvalued after recent price rise

Dividend of JP¥35.00 announced

Now 21% overvalued after recent price rise

Toho (TSE:9602) Has Some Way To Go To Become A Multi-Bagger

Upcoming dividend of JP¥35.00 per share

Toho (TSE:9602) Is Due To Pay A Dividend Of ¥35.00

Toho (TSE:9602) Has Announced A Dividend Of ¥35.00

Toho Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2025

Investor sentiment improves as stock rises 17%

Toho (TSE:9602) Will Pay A Dividend Of ¥35.00

Toho Co., Ltd. (TSE:9602) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

First quarter 2025 earnings released: EPS: JP¥94.07 (vs JP¥70.41 in 1Q 2024)

Now 26% overvalued

A Look At The Fair Value Of Toho Co., Ltd. (TSE:9602)

Now 19% overvalued

Toho (TSE:9602) Is Due To Pay A Dividend Of ¥35.00

Now 21% overvalued

Now 21% overvalued

Toho (TSE:9602) Has Announced A Dividend Of ¥35.00

Final dividend of JP¥35.00 announced

Toho Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending February 28, 2025

Toho Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending February 28, 2025

Toho Co., Ltd., Annual General Meeting, May 23, 2024

Toho Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Toho Co., Ltd., Annual General Meeting, May 23, 2024

Toho Co., Ltd. (TSE:9602) announces an Equity Buyback for 2.29% of its issued share capital, for ¥24,000 million.

Full year 2024 earnings: EPS and revenues exceed analyst expectations

Calculating The Fair Value Of Toho Co., Ltd. (TSE:9602)

Getting In Cheap On Toho Co., Ltd. (TSE:9602) Is Unlikely

Upcoming dividend of JP¥40.00 per share

Toho Co., Ltd. to Report Fiscal Year 2024 Results on Apr 15, 2024

Toho Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 29, 2024

Third quarter 2024 earnings released: EPS: JP¥38.09 (vs JP¥31.88 in 3Q 2023)

Toho Co., Ltd. to Report Q3, 2024 Results on Jan 15, 2024

Toho Co., Ltd. Announces Dividend for the Second Quarter of Fiscal Year Ending February 29, 2024, Payable on November 21, 2023; Provides Dividend Guidance for Fiscal Year Ending February 29, 2024

Second quarter 2024 earnings released: EPS: JP¥54.18 (vs JP¥57.01 in 2Q 2023)

Upcoming dividend of JP¥20.00 per share at 1.1% yield

Toho Co., Ltd. to Report Q2, 2024 Final Results on Oct 11, 2023

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of JP¥20.00 per share at 0.8% yield

Toho Co., Ltd. to Report Fiscal Year 2023 Results on Apr 13, 2023

Toho Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending February 28, 2023

Third quarter 2023 earnings released: EPS: JP¥31.88 (vs JP¥28.81 in 3Q 2022)

Toho Co., Ltd. to Report Q3, 2023 Results on Jan 12, 2023

Less than half of directors are independent

Toho Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Toho Co., Ltd. (TSE:9602) announces an Equity Buyback for 1,000,000 shares, representing 0.57% for ¥6,000 million.

Toho Co., Ltd. (TSE:9602) agreed to acquire AID-DCC Inc. from Yukihiro Tominaga.

Upcoming dividend of JP¥20.00 per share

Toho Co., Ltd. to Report Q2, 2023 Results on Oct 12, 2022

Toho Co., Ltd. Provides Dividend Guidance for the Second Quarter-End and Fiscal Year Ending February 28, 2023

First quarter 2023 earnings released: EPS: JP¥65.22 (vs JP¥37.62 in 1Q 2022)

Toho Co., Ltd. (TSE:9602) announces an Equity Buyback for 1,000,000 shares, representing 0.57% for ¥6,000 million.

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Less than half of directors are independent

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of JP¥17.50 per share

Toho Co., Ltd. to Report Fiscal Year 2022 Results on Apr 12, 2022

Toho Co., Ltd. Provides Earnings Guidance for the Fiscal Year Ending February 28, 2022

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Toho Co., Ltd. (TSE:9602) announces an Equity Buyback for 1 shares, for ¥0.00538 million.

Second quarter 2022 earnings released: EPS JP¥47.58 (vs JP¥20.12 in 2Q 2021)