TOC Balance Sheet Health
Financial Health criteria checks 6/6
TOC has a total shareholder equity of ¥102.7B and total debt of ¥1.6B, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ¥118.6B and ¥15.9B respectively. TOC's EBIT is ¥2.5B making its interest coverage ratio -8. It has cash and short-term investments of ¥38.7B.
Key information
1.6%
Debt to equity ratio
JP¥1.63b
Debt
Interest coverage ratio | -8x |
Cash | JP¥38.74b |
Equity | JP¥102.73b |
Total liabilities | JP¥15.85b |
Total assets | JP¥118.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8841's short term assets (¥39.9B) exceed its short term liabilities (¥5.9B).
Long Term Liabilities: 8841's short term assets (¥39.9B) exceed its long term liabilities (¥9.9B).
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 8.9% to 1.6% over the past 5 years.
Debt Coverage: 8841's debt is well covered by operating cash flow (149%).
Interest Coverage: 8841 earns more interest than it pays, so coverage of interest payments is not a concern.