Toyo Wharf & Warehouse Balance Sheet Health
Financial Health criteria checks 2/6
Toyo Wharf & Warehouse has a total shareholder equity of ¥26.6B and total debt of ¥14.0B, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are ¥48.4B and ¥21.9B respectively. Toyo Wharf & Warehouse's EBIT is ¥980.0M making its interest coverage ratio -10.9. It has cash and short-term investments of ¥2.7B.
Key information
52.7%
Debt to equity ratio
JP¥13.98b
Debt
Interest coverage ratio | -10.9x |
Cash | JP¥2.66b |
Equity | JP¥26.55b |
Total liabilities | JP¥21.89b |
Total assets | JP¥48.44b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9351's short term assets (¥8.4B) do not cover its short term liabilities (¥11.4B).
Long Term Liabilities: 9351's short term assets (¥8.4B) do not cover its long term liabilities (¥10.4B).
Debt to Equity History and Analysis
Debt Level: 9351's net debt to equity ratio (42.6%) is considered high.
Reducing Debt: 9351's debt to equity ratio has reduced from 57% to 52.7% over the past 5 years.
Debt Coverage: 9351's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: 9351 earns more interest than it pays, so coverage of interest payments is not a concern.