Toyota Industries Balance Sheet Health
Financial Health criteria checks 5/6
Toyota Industries has a total shareholder equity of ¥6,153.4B and total debt of ¥1,706.3B, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are ¥11,078.5B and ¥4,925.1B respectively. Toyota Industries's EBIT is ¥200.4B making its interest coverage ratio -1.9. It has cash and short-term investments of ¥740.2B.
Key information
27.7%
Debt to equity ratio
JP¥1.71t
Debt
Interest coverage ratio | -1.9x |
Cash | JP¥740.21b |
Equity | JP¥6.15t |
Total liabilities | JP¥4.93t |
Total assets | JP¥11.08t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TYID.F's short term assets (¥3,129.5B) exceed its short term liabilities (¥1,639.2B).
Long Term Liabilities: TYID.F's short term assets (¥3,129.5B) do not cover its long term liabilities (¥3,285.9B).
Debt to Equity History and Analysis
Debt Level: TYID.F's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: TYID.F's debt to equity ratio has reduced from 50.6% to 27.7% over the past 5 years.
Debt Coverage: TYID.F's debt is well covered by operating cash flow (26%).
Interest Coverage: TYID.F earns more interest than it pays, so coverage of interest payments is not a concern.