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Toyota Motor Corp. (TM) | Liquidity Analysis

Liquidity ratios measure the company's ability to meet its short-term obligations.


Ratios (Summary)

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Toyota Motor Corp., liquidity ratios

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    Mar 31, 2011 Mar 31, 2010 Mar 31, 2009 Mar 31, 2008 Mar 31, 2007 Mar 31, 2006
Current ratio
Quick ratio
Cash ratio

Source: Based on data from Toyota Motor Corp. Annual Reports

Ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Toyota Motor Corp.'s current ratio improved from 2009 to 2010 but then slightly deteriorated from 2010 to 2011 not reaching 2009 level.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Toyota Motor Corp.'s quick ratio improved from 2009 to 2010 but then slightly deteriorated from 2010 to 2011 not reaching 2009 level.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Toyota Motor Corp.'s cash ratio improved from 2009 to 2010 but then slightly deteriorated from 2010 to 2011 not reaching 2009 level.

Current Ratio

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    Mar 31, 2011 Mar 31, 2010 Mar 31, 2009 Mar 31, 2008 Mar 31, 2007 Mar 31, 2006
  Selected Financial Data (USD $ in millions, translated from JPY ¥)
Current assets
Current liabilities
  Current Ratio, Comparison to Industry
Toyota Motor Corp.1
  Industry, Consumer Goods

Source: Based on data from Toyota Motor Corp. Annual Reports

2011 Calculations

1 Current ratio = Current assets ÷ Current liabilities
= ÷ =

Ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Toyota Motor Corp.'s current ratio improved from 2009 to 2010 but then slightly deteriorated from 2010 to 2011 not reaching 2009 level.

Quick Ratio

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    Mar 31, 2011 Mar 31, 2010 Mar 31, 2009 Mar 31, 2008 Mar 31, 2007 Mar 31, 2006
  Selected Financial Data (USD $ in millions, translated from JPY ¥)
Cash and cash equivalents
Marketable securities
Time deposits
Trade accounts and notes receivable, less allowance for doubtful accounts
Finance receivables, net
Other receivables
Total quick assets
Current liabilities
  Quick Ratio, Comparison to Industry
Toyota Motor Corp.1
  Industry, Consumer Goods

Source: Based on data from Toyota Motor Corp. Annual Reports

2011 Calculations

1 Quick ratio = Total quick assets ÷ Current liabilities
= ÷ =

Ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Toyota Motor Corp.'s quick ratio improved from 2009 to 2010 but then slightly deteriorated from 2010 to 2011 not reaching 2009 level.

Cash Ratio

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Export to Excel
    Mar 31, 2011 Mar 31, 2010 Mar 31, 2009 Mar 31, 2008 Mar 31, 2007 Mar 31, 2006
  Selected Financial Data (USD $ in millions, translated from JPY ¥)
Cash and cash equivalents
Marketable securities
Time deposits
Total cash assets
Current liabilities
  Cash Ratio, Comparison to Industry
Toyota Motor Corp.1
  Industry, Consumer Goods

Source: Based on data from Toyota Motor Corp. Annual Reports

2011 Calculations

1 Cash ratio = Total cash assets ÷ Current liabilities
= ÷ =

Ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Toyota Motor Corp.'s cash ratio improved from 2009 to 2010 but then slightly deteriorated from 2010 to 2011 not reaching 2009 level.

February 7, 2012

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