Toyoda Gosei Balance Sheet Health
Financial Health criteria checks 6/6
Toyoda Gosei has a total shareholder equity of ¥532.4B and total debt of ¥139.5B, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are ¥893.2B and ¥360.8B respectively. Toyoda Gosei's EBIT is ¥70.9B making its interest coverage ratio 32. It has cash and short-term investments of ¥139.3B.
Key information
26.2%
Debt to equity ratio
JP¥139.54b
Debt
Interest coverage ratio | 32x |
Cash | JP¥139.34b |
Equity | JP¥532.41b |
Total liabilities | JP¥360.82b |
Total assets | JP¥893.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGOS.F's short term assets (¥437.5B) exceed its short term liabilities (¥178.8B).
Long Term Liabilities: TGOS.F's short term assets (¥437.5B) exceed its long term liabilities (¥182.1B).
Debt to Equity History and Analysis
Debt Level: TGOS.F's net debt to equity ratio (0.04%) is considered satisfactory.
Reducing Debt: TGOS.F's debt to equity ratio has reduced from 30.6% to 26.2% over the past 5 years.
Debt Coverage: TGOS.F's debt is well covered by operating cash flow (89.7%).
Interest Coverage: TGOS.F's interest payments on its debt are well covered by EBIT (32x coverage).