Toei Company Balance Sheet Health
Financial Health criteria checks 6/6
Toei Company has a total shareholder equity of ¥303.2B and total debt of ¥15.9B, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are ¥393.2B and ¥90.0B respectively. Toei Company's EBIT is ¥29.6B making its interest coverage ratio -27.7. It has cash and short-term investments of ¥99.9B.
Key information
5.2%
Debt to equity ratio
JP¥15.85b
Debt
Interest coverage ratio | -27.7x |
Cash | JP¥99.86b |
Equity | JP¥303.22b |
Total liabilities | JP¥90.01b |
Total assets | JP¥393.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9605's short term assets (¥164.1B) exceed its short term liabilities (¥50.2B).
Long Term Liabilities: 9605's short term assets (¥164.1B) exceed its long term liabilities (¥39.8B).
Debt to Equity History and Analysis
Debt Level: 9605 has more cash than its total debt.
Reducing Debt: 9605's debt to equity ratio has reduced from 6.9% to 5.2% over the past 5 years.
Debt Coverage: 9605's debt is well covered by operating cash flow (130.4%).
Interest Coverage: 9605 earns more interest than it pays, so coverage of interest payments is not a concern.