Tosoh Balance Sheet Health
Financial Health criteria checks 5/6
Tosoh has a total shareholder equity of ¥883.1B and total debt of ¥183.2B, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are ¥1,325.5B and ¥442.4B respectively. Tosoh's EBIT is ¥95.1B making its interest coverage ratio 2503.4. It has cash and short-term investments of ¥144.1B.
Key information
20.7%
Debt to equity ratio
JP¥183.23b
Debt
| Interest coverage ratio | 2503.4x |
| Cash | JP¥144.12b |
| Equity | JP¥883.13b |
| Total liabilities | JP¥442.39b |
| Total assets | JP¥1.33t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOSC.F's short term assets (¥761.6B) exceed its short term liabilities (¥356.0B).
Long Term Liabilities: TOSC.F's short term assets (¥761.6B) exceed its long term liabilities (¥86.4B).
Debt to Equity History and Analysis
Debt Level: TOSC.F's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: TOSC.F's debt to equity ratio has increased from 16.3% to 20.7% over the past 5 years.
Debt Coverage: TOSC.F's debt is well covered by operating cash flow (58.9%).
Interest Coverage: TOSC.F's interest payments on its debt are well covered by EBIT (2503.4x coverage).