Toshin HoldingsLtd Balance Sheet Health
Financial Health criteria checks 1/6
Toshin HoldingsLtd has a total shareholder equity of ¥3.8B and total debt of ¥16.6B, which brings its debt-to-equity ratio to 431.5%. Its total assets and total liabilities are ¥24.8B and ¥20.9B respectively. Toshin HoldingsLtd's EBIT is ¥670.0M making its interest coverage ratio 7.2. It has cash and short-term investments of ¥1.9B.
Key information
431.5%
Debt to equity ratio
JP¥16.60b
Debt
| Interest coverage ratio | 7.2x |
| Cash | JP¥1.87b |
| Equity | JP¥3.85b |
| Total liabilities | JP¥20.94b |
| Total assets | JP¥24.79b |
Recent financial health updates
Here's Why Toshin HoldingsLtd (TYO:9444) Has A Meaningful Debt Burden
Apr 22
Here's Why Toshin HoldingsLtd (TYO:9444) Has A Meaningful Debt Burden
Jan 04
Recent updates
Here's Why Toshin HoldingsLtd (TYO:9444) Has A Meaningful Debt Burden
Apr 22Key Things To Consider Before Buying Toshin Holdings Co.,Ltd (TYO:9444) For Its Dividend
Mar 29How Did Toshin Holdings Co.,Ltd's (TYO:9444) 9.4% ROE Fare Against The Industry?
Feb 25We're Watching These Trends At Toshin HoldingsLtd (TYO:9444)
Feb 04Here's Why Toshin HoldingsLtd (TYO:9444) Has A Meaningful Debt Burden
Jan 04Three Things You Should Check Before Buying Toshin Holdings Co.,Ltd (TYO:9444) For Its Dividend
Dec 11Financial Position Analysis
Short Term Liabilities: 9444's short term assets (¥5.7B) do not cover its short term liabilities (¥8.4B).
Long Term Liabilities: 9444's short term assets (¥5.7B) do not cover its long term liabilities (¥12.5B).
Debt to Equity History and Analysis
Debt Level: 9444's net debt to equity ratio (382.9%) is considered high.
Reducing Debt: 9444's debt to equity ratio has increased from 336.2% to 431.5% over the past 5 years.
Debt Coverage: 9444's debt is not well covered by operating cash flow (0.03%).
Interest Coverage: 9444's interest payments on its debt are well covered by EBIT (7.2x coverage).