TOYO Balance Sheet Health
Financial Health criteria checks 5/6
TOYO has a total shareholder equity of ¥30.2B and total debt of ¥5.1B, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are ¥45.5B and ¥15.4B respectively. TOYO's EBIT is ¥3.3B making its interest coverage ratio -36.7. It has cash and short-term investments of ¥6.3B.
Key information
16.8%
Debt to equity ratio
JP¥5.06b
Debt
Interest coverage ratio | -36.7x |
Cash | JP¥6.33b |
Equity | JP¥30.17b |
Total liabilities | JP¥15.37b |
Total assets | JP¥45.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8151's short term assets (¥24.8B) exceed its short term liabilities (¥14.2B).
Long Term Liabilities: 8151's short term assets (¥24.8B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 8151 has more cash than its total debt.
Reducing Debt: 8151's debt to equity ratio has increased from 0% to 16.8% over the past 5 years.
Debt Coverage: 8151's debt is well covered by operating cash flow (22%).
Interest Coverage: 8151 earns more interest than it pays, so coverage of interest payments is not a concern.