Is Toyota financially stable? (2024)

Is Toyota financially stable?

Low Leverage, Strong Liquidity: Toyota's auto operations have consistently shown strong liquidity and a net cash position. Toyota's auto business reported JPY5. 5 trillion in cash and cash equivalents at the end-March 2023, which is greater than the auto business's debt of JPY2. 7 trillion.

Is Toyota financially strong?

Toyota Motor has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is.

Does Toyota have a lot of debt?

Total debt on the balance sheet as of December 2023 : $240.93 B. According to Toyota's latest financial reports the company's total debt is $240.93 B. A company's total debt is the sum of all current and non-current debts.

What is the financial forecast for Toyota?

The full-year forecast is 4.90 trillion yen. We are grateful to our many stakeholders, including our suppliers, for their support in each step from production on to logistics, sales, and services.

Is Toyota debt free?

Toyota long term debt for the quarter ending December 31, 2023 was $130.942B, a 11.37% increase year-over-year. Toyota long term debt for 2023 was $126.352B, a 7.26% decline from 2022. Toyota long term debt for 2022 was $136.246B, a 7.78% increase from 2021.

Is Toyota financially sound?

Fitch Affirms Toyota at 'A+'; Outlook Stable. Fitch Ratings - Tokyo - 07 Nov 2023: Fitch Ratings has affirmed Toyota Motor Corporation's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) and senior unsecured rating at 'A+'.

What is the outlook for Toyota in 2024?

TOKYO, Jan 15 (Reuters) - Toyota Motor (7203. T) , opens new tab plans to produce about 10.3 million vehicles globally in 2024, renewing its record annual production for the second consecutive year, the Nikkei reported on Monday.

Is Toyota losing its quality?

Toyota's rapid growth affected its product quality with the company reportedly compromising on its manufacturing techniques. Customers began to face safety related problems in Toyota vehicles. Later a series of recalls followed which put the company's hard-earned reputation for quality at risk.

Is it smart to buy Toyota?

Durability: Did you know that 80 percent of Toyotas sold in the last 20 years are still on the road? That kind of durability translates into significant long-term savings. Toyota knows how to build vehicles that last. Resale value: According to Kelly Blue Book, the Toyota marque rates the highest for resale value.

Who is the biggest consumer of Toyota?

North America is the company's largest target market, at over 2.4 million units.

Is Toyota making money?

The automaker revised its annual net profit forecast upward to 4.5 trillion yen, up 83.6% on year. It had formerly forecast a full-year net profit of 3.95 trillion yen. Toyota now expects a full-year operating income of 4.9 trillion yen, up 79.8% on year.

Is Toyota a buy hold or sell?

Toyota Motor currently has an average brokerage recommendation (ABR) of 2.00, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by six brokerage firms. An ABR of 2.00 indicates Buy.

Is Toyota stock overpriced?

TM's P/CF has been as high as 7.40 and as low as 5.27, with a median of 5.95, all within the past year. These are just a handful of the figures considered in Toyota Motor's great Value grade. Still, they help show that the stock is likely being undervalued at the moment.

Why is Toyota's debt so high?

To stay on top, Toyota had to make massive investments in research and development and spend big on global operations and marketing. Some industry experts say toyota has been slow in transitioning away from traditional internal combustion and hybrid vehicles to all-electric cars (EVs).

Is Toyota the most indebted company in the world?

Toyota holds the title of the world's most indebted company outside the financial industries, with a debt of $221.13 billion. Amazon ($138.91 B) and Apple ($109.28 B) top the list of the world's most indebted tech companies.

Does Toyota have a good reputation?

Toyotas are generally considered to be highly reliable vehicles. They often top lists of most reliable cars, are said to last longer than nearly any other brand, and rarely break down.

How long will a Toyota last?

In fact, Toyota reliability ranks among the highest among automotive brands. How long do Toyotas last? The average lifespan for a Toyota vehicle is 200,000-250,000 miles. With proper care and maintenance, some Toyota models can last as long as 500,000 miles.

Is Toyota considered a good car?

Toyota is known for manufacturing some of the most reliable and long-lasting cars in the world. There are several factors that contribute to Toyota's reputation for longevity, including the company's commitment to quality, its use of advanced technology, and its focus on customer satisfaction.

Will it be better to buy a car in 2024?

"2024 is probably the best year since the pandemic to buy a new car," Mark Schirmer, director of industry insights at Cox Automotive, told ABC News. "2021 and 2022 were really difficult years. Dealers are talking about discounts again ... this was not happening 18 months ago.

What is the 5 year forecast for Toyota?

Toyota Motor Corp quote is equal to 6944.000 USD at 2024-04-16. Based on our forecasts, a long-term increase is expected, the "7203" stock price prognosis for 2025-06-16 is 8111.548 USD. With a 5-year investment, the revenue is expected to be around +16.81%. Your current $100 investment may be up to $116.81 in 2029.

Why is Toyota struggling to make cars?

A shortage of semiconductors exacerbated by the Covid-19 pandemic lingers and is the main reason why automakers globally are still struggling to meet demand.

Which brand is better than Toyota?

Lexus, Toyota, and Mini are the three most reliable brands in this year's annual auto reliability brand rankings, with the two Japanese brands swapping spaces from last year. The automaker Honda follows, with its luxury Acura brand coming in fourth and the mainstream Honda brand rounding out the top five.

How much should I spend on a car if I make $100000?

Starting with the 1/10th guideline, created and pushed by Financial Samurai, this guideline states: buy a car in cash that costs less than 1/10th your gross annual pay. If you make $50,000 you should buy a car in cash worth $5000. If you make $100,000, the car you buy should be worth no more than $10,000.

What are the disadvantages of Toyota cars?

Relatively high prices: Some Toyota models may be relatively expensive, especially luxury and hybrid models. Certain models may not have as good fuel economy as expected: despite Toyota's reputation for fuel economy, certain models may not have as good fuel economy as expected in some specific cases.

Does it make sense to buy a new Toyota?

Quality, Durability, and Reliability

According to research done by R.L. Polk & Company, over 80% of Toyota's sold 20 years ago are still on the road today. This should put your mind at rest knowing that when you choose a new Toyota, you are getting a vehicle that is going to last, resulting in huge savings over time.

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