Toyobo Balance Sheet Health
Financial Health criteria checks 3/6
Toyobo has a total shareholder equity of ¥220.9B and total debt of ¥228.8B, which brings its debt-to-equity ratio to 103.6%. Its total assets and total liabilities are ¥584.4B and ¥363.5B respectively. Toyobo's EBIT is ¥5.5B making its interest coverage ratio 5.5. It has cash and short-term investments of ¥27.9B.
Key information
103.6%
Debt to equity ratio
JP¥228.81b
Debt
Interest coverage ratio | 5.5x |
Cash | JP¥27.91b |
Equity | JP¥220.91b |
Total liabilities | JP¥363.52b |
Total assets | JP¥584.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TYOB.Y's short term assets (¥264.3B) exceed its short term liabilities (¥180.3B).
Long Term Liabilities: TYOB.Y's short term assets (¥264.3B) exceed its long term liabilities (¥183.2B).
Debt to Equity History and Analysis
Debt Level: TYOB.Y's net debt to equity ratio (90.9%) is considered high.
Reducing Debt: TYOB.Y's debt to equity ratio has increased from 86.1% to 103.6% over the past 5 years.
Debt Coverage: TYOB.Y's debt is not well covered by operating cash flow (2.5%).
Interest Coverage: TYOB.Y's interest payments on its debt are well covered by EBIT (5.5x coverage).