Toyota Industries Balance Sheet Health
Financial Health criteria checks 5/6
Toyota Industries has a total shareholder equity of ¥4,970.7B and total debt of ¥1,809.8B, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are ¥9,295.9B and ¥4,325.2B respectively. Toyota Industries's EBIT is ¥204.9B making its interest coverage ratio -1.8. It has cash and short-term investments of ¥698.6B.
Key information
36.4%
Debt to equity ratio
JP¥1.81t
Debt
| Interest coverage ratio | -1.8x |
| Cash | JP¥698.64b |
| Equity | JP¥4.97t |
| Total liabilities | JP¥4.33t |
| Total assets | JP¥9.30t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TYID.F's short term assets (¥3,108.1B) exceed its short term liabilities (¥1,671.0B).
Long Term Liabilities: TYID.F's short term assets (¥3,108.1B) exceed its long term liabilities (¥2,654.2B).
Debt to Equity History and Analysis
Debt Level: TYID.F's net debt to equity ratio (22.4%) is considered satisfactory.
Reducing Debt: TYID.F's debt to equity ratio has reduced from 47.8% to 36.4% over the past 5 years.
Debt Coverage: TYID.F's debt is not well covered by operating cash flow (14%).
Interest Coverage: TYID.F earns more interest than it pays, so coverage of interest payments is not a concern.