Toyoda Gosei Balance Sheet Health
Financial Health criteria checks 6/6
Toyoda Gosei has a total shareholder equity of ¥535.9B and total debt of ¥153.1B, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are ¥920.7B and ¥384.7B respectively. Toyoda Gosei's EBIT is ¥60.1B making its interest coverage ratio 25. It has cash and short-term investments of ¥135.2B.
Key information
28.6%
Debt to equity ratio
JP¥153.05b
Debt
Interest coverage ratio | 25x |
Cash | JP¥135.20b |
Equity | JP¥535.94b |
Total liabilities | JP¥384.73b |
Total assets | JP¥920.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGOS.Y's short term assets (¥452.2B) exceed its short term liabilities (¥201.5B).
Long Term Liabilities: TGOS.Y's short term assets (¥452.2B) exceed its long term liabilities (¥183.3B).
Debt to Equity History and Analysis
Debt Level: TGOS.Y's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: TGOS.Y's debt to equity ratio has reduced from 31.7% to 28.6% over the past 5 years.
Debt Coverage: TGOS.Y's debt is well covered by operating cash flow (70.8%).
Interest Coverage: TGOS.Y's interest payments on its debt are well covered by EBIT (25x coverage).