Toshiba Tec Balance Sheet Health
Financial Health criteria checks 5/6
Toshiba Tec has a total shareholder equity of ¥112.0B and total debt of ¥20.6B, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are ¥343.4B and ¥231.4B respectively. Toshiba Tec's EBIT is ¥19.4B making its interest coverage ratio 21.6. It has cash and short-term investments of ¥40.1B.
Key information
18.4%
Debt to equity ratio
JP¥20.56b
Debt
| Interest coverage ratio | 21.6x |
| Cash | JP¥40.12b |
| Equity | JP¥112.03b |
| Total liabilities | JP¥231.38b |
| Total assets | JP¥343.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSHT.Y's short term assets (¥209.3B) exceed its short term liabilities (¥168.6B).
Long Term Liabilities: TSHT.Y's short term assets (¥209.3B) exceed its long term liabilities (¥62.7B).
Debt to Equity History and Analysis
Debt Level: TSHT.Y has more cash than its total debt.
Reducing Debt: TSHT.Y's debt to equity ratio has increased from 0.9% to 18.4% over the past 5 years.
Debt Coverage: TSHT.Y's debt is well covered by operating cash flow (95.4%).
Interest Coverage: TSHT.Y's interest payments on its debt are well covered by EBIT (21.6x coverage).