Toda Balance Sheet Health
Financial Health criteria checks 5/6
Toda has a total shareholder equity of ¥357.1B and total debt of ¥235.3B, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are ¥870.4B and ¥513.3B respectively. Toda's EBIT is ¥15.7B making its interest coverage ratio -2.9. It has cash and short-term investments of ¥103.8B.
Key information
65.9%
Debt to equity ratio
JP¥235.31b
Debt
| Interest coverage ratio | -2.9x |
| Cash | JP¥103.76b |
| Equity | JP¥357.07b |
| Total liabilities | JP¥513.28b |
| Total assets | JP¥870.35b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TODC.F's short term assets (¥402.7B) exceed its short term liabilities (¥301.5B).
Long Term Liabilities: TODC.F's short term assets (¥402.7B) exceed its long term liabilities (¥211.8B).
Debt to Equity History and Analysis
Debt Level: TODC.F's net debt to equity ratio (36.8%) is considered satisfactory.
Reducing Debt: TODC.F's debt to equity ratio has increased from 42.6% to 65.9% over the past 5 years.
Debt Coverage: TODC.F's debt is well covered by operating cash flow (26.4%).
Interest Coverage: TODC.F earns more interest than it pays, so coverage of interest payments is not a concern.