Toagosei Balance Sheet Health
Financial Health criteria checks 6/6
Toagosei has a total shareholder equity of ¥210.5B and total debt of ¥11.1B, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are ¥269.1B and ¥58.6B respectively. Toagosei's EBIT is ¥15.2B making its interest coverage ratio -10.2. It has cash and short-term investments of ¥35.5B.
Key information
5.3%
Debt to equity ratio
JP¥11.13b
Debt
| Interest coverage ratio | -10.2x |
| Cash | JP¥35.46b |
| Equity | JP¥210.47b |
| Total liabilities | JP¥58.62b |
| Total assets | JP¥269.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOAG.F's short term assets (¥115.7B) exceed its short term liabilities (¥43.7B).
Long Term Liabilities: TOAG.F's short term assets (¥115.7B) exceed its long term liabilities (¥15.0B).
Debt to Equity History and Analysis
Debt Level: TOAG.F has more cash than its total debt.
Reducing Debt: TOAG.F's debt to equity ratio has reduced from 6% to 5.3% over the past 5 years.
Debt Coverage: TOAG.F's debt is well covered by operating cash flow (200.3%).
Interest Coverage: TOAG.F earns more interest than it pays, so coverage of interest payments is not a concern.