Toho Titanium Balance Sheet Health
Financial Health criteria checks 3/6
Toho Titanium has a total shareholder equity of ¥56.5B and total debt of ¥54.5B, which brings its debt-to-equity ratio to 96.4%. Its total assets and total liabilities are ¥126.0B and ¥69.5B respectively. Toho Titanium's EBIT is ¥5.6B making its interest coverage ratio 25.7. It has cash and short-term investments of ¥1.9B.
Key information
96.4%
Debt to equity ratio
JP¥54.51b
Debt
| Interest coverage ratio | 25.7x |
| Cash | JP¥1.88b |
| Equity | JP¥56.55b |
| Total liabilities | JP¥69.45b |
| Total assets | JP¥126.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTNN.F's short term assets (¥75.7B) exceed its short term liabilities (¥47.6B).
Long Term Liabilities: TTNN.F's short term assets (¥75.7B) exceed its long term liabilities (¥21.9B).
Debt to Equity History and Analysis
Debt Level: TTNN.F's net debt to equity ratio (93.1%) is considered high.
Reducing Debt: TTNN.F's debt to equity ratio has increased from 60.7% to 96.4% over the past 5 years.
Debt Coverage: TTNN.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TTNN.F's interest payments on its debt are well covered by EBIT (25.7x coverage).