TOC Balance Sheet Health
Financial Health criteria checks 5/6
TOC has a total shareholder equity of ¥102.9B and total debt of ¥1.4B, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ¥115.3B and ¥12.4B respectively. TOC's EBIT is ¥1.7B making its interest coverage ratio -4.5. It has cash and short-term investments of ¥37.0B.
Key information
1.3%
Debt to equity ratio
JP¥1.36b
Debt
| Interest coverage ratio | -4.5x |
| Cash | JP¥36.98b |
| Equity | JP¥102.91b |
| Total liabilities | JP¥12.35b |
| Total assets | JP¥115.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8841's short term assets (¥38.1B) exceed its short term liabilities (¥3.8B).
Long Term Liabilities: 8841's short term assets (¥38.1B) exceed its long term liabilities (¥8.6B).
Debt to Equity History and Analysis
Debt Level: 8841 has more cash than its total debt.
Reducing Debt: 8841's debt to equity ratio has reduced from 5% to 1.3% over the past 5 years.
Debt Coverage: 8841's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8841 earns more interest than it pays, so coverage of interest payments is not a concern.