Toyota Industries Balance Sheet Health
Financial Health criteria checks 5/6
Toyota Industries has a total shareholder equity of ¥5,853.8B and total debt of ¥1,875.0B, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are ¥10,671.1B and ¥4,817.3B respectively. Toyota Industries's EBIT is ¥215.8B making its interest coverage ratio -1.8. It has cash and short-term investments of ¥708.4B.
Key information
32.0%
Debt to equity ratio
JP¥1.88t
Debt
| Interest coverage ratio | -1.8x |
| Cash | JP¥708.42b |
| Equity | JP¥5.85t |
| Total liabilities | JP¥4.82t |
| Total assets | JP¥10.67t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TYID.Y's short term assets (¥3,266.0B) exceed its short term liabilities (¥1,729.4B).
Long Term Liabilities: TYID.Y's short term assets (¥3,266.0B) exceed its long term liabilities (¥3,088.0B).
Debt to Equity History and Analysis
Debt Level: TYID.Y's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: TYID.Y's debt to equity ratio has reduced from 49.8% to 32% over the past 5 years.
Debt Coverage: TYID.Y's debt is not well covered by operating cash flow (18%).
Interest Coverage: TYID.Y earns more interest than it pays, so coverage of interest payments is not a concern.