Dkk-Toa Balance Sheet Health
Financial Health criteria checks 6/6
Dkk-Toa has a total shareholder equity of ¥21.2B and total debt of ¥464.0M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ¥27.3B and ¥6.1B respectively. Dkk-Toa's EBIT is ¥2.0B making its interest coverage ratio -30.9. It has cash and short-term investments of ¥4.1B.
Key information
2.2%
Debt to equity ratio
JP¥464.00m
Debt
Interest coverage ratio | -30.9x |
Cash | JP¥4.10b |
Equity | JP¥21.16b |
Total liabilities | JP¥6.13b |
Total assets | JP¥27.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOAL.F's short term assets (¥17.0B) exceed its short term liabilities (¥3.1B).
Long Term Liabilities: TOAL.F's short term assets (¥17.0B) exceed its long term liabilities (¥3.1B).
Debt to Equity History and Analysis
Debt Level: TOAL.F has more cash than its total debt.
Reducing Debt: TOAL.F's debt to equity ratio has reduced from 4.5% to 2.2% over the past 5 years.
Debt Coverage: TOAL.F's debt is well covered by operating cash flow (25.2%).
Interest Coverage: TOAL.F earns more interest than it pays, so coverage of interest payments is not a concern.