Toho Gas Balance Sheet Health

Financial Health criteria checks 5/6

Toho Gas has a total shareholder equity of ¥451.4B and total debt of ¥136.6B, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are ¥730.9B and ¥279.6B respectively. Toho Gas's EBIT is ¥23.9B making its interest coverage ratio -7.9. It has cash and short-term investments of ¥35.2B.

Key information

30.3%

Debt to equity ratio

JP¥136.62b

Debt

Interest coverage ratio-7.9x
CashJP¥35.16b
EquityJP¥451.36b
Total liabilitiesJP¥279.58b
Total assetsJP¥730.94b

Recent financial health updates

Recent updates

Estimating The Intrinsic Value Of Toho Gas Co., Ltd. (TSE:9533)

Nov 16
Estimating The Intrinsic Value Of Toho Gas Co., Ltd. (TSE:9533)

Toho Gas Co., Ltd.'s (TSE:9533) Business Is Yet to Catch Up With Its Share Price

Oct 11
Toho Gas Co., Ltd.'s (TSE:9533) Business Is Yet to Catch Up With Its Share Price

Toho Gas (TSE:9533) Could Be Struggling To Allocate Capital

Sep 11
Toho Gas (TSE:9533) Could Be Struggling To Allocate Capital

Toho Gas' (TSE:9533) Dividend Will Be ¥40.00

Aug 08
Toho Gas' (TSE:9533) Dividend Will Be ¥40.00

Toho Gas' (TSE:9533) Dividend Will Be ¥40.00

Jul 25
Toho Gas' (TSE:9533) Dividend Will Be ¥40.00

Toho Gas (TSE:9533) Has Announced A Dividend Of ¥40.00

Jul 11
Toho Gas (TSE:9533) Has Announced A Dividend Of ¥40.00

Toho Gas Co., Ltd.'s (TSE:9533) Popularity With Investors Is Under Threat From Overpricing

Jun 28
Toho Gas Co., Ltd.'s (TSE:9533) Popularity With Investors Is Under Threat From Overpricing

Investors Will Want Toho Gas' (TSE:9533) Growth In ROCE To Persist

May 21
Investors Will Want Toho Gas' (TSE:9533) Growth In ROCE To Persist

Is Toho Gas (TSE:9533) A Risky Investment?

Apr 10
Is Toho Gas (TSE:9533) A Risky Investment?

Toho Gas Co., Ltd.'s (TSE:9533) Shares Lagging The Market But So Is The Business

Feb 29
Toho Gas Co., Ltd.'s (TSE:9533) Shares Lagging The Market But So Is The Business

Financial Position Analysis

Short Term Liabilities: 9533's short term assets (¥178.9B) exceed its short term liabilities (¥99.4B).

Long Term Liabilities: 9533's short term assets (¥178.9B) do not cover its long term liabilities (¥180.2B).


Debt to Equity History and Analysis

Debt Level: 9533's net debt to equity ratio (22.5%) is considered satisfactory.

Reducing Debt: 9533's debt to equity ratio has reduced from 34.5% to 30.3% over the past 5 years.

Debt Coverage: 9533's debt is well covered by operating cash flow (39.9%).

Interest Coverage: 9533 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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