Daido Metal Balance Sheet Health
Financial Health criteria checks 5/6
Daido Metal has a total shareholder equity of ¥82.5B and total debt of ¥63.6B, which brings its debt-to-equity ratio to 77.1%. Its total assets and total liabilities are ¥196.5B and ¥114.0B respectively. Daido Metal's EBIT is ¥6.6B making its interest coverage ratio 5.6. It has cash and short-term investments of ¥29.6B.
Key information
77.1%
Debt to equity ratio
JP¥63.56b
Debt
| Interest coverage ratio | 5.6x |
| Cash | JP¥29.61b |
| Equity | JP¥82.48b |
| Total liabilities | JP¥114.00b |
| Total assets | JP¥196.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 69L's short term assets (¥106.4B) exceed its short term liabilities (¥78.1B).
Long Term Liabilities: 69L's short term assets (¥106.4B) exceed its long term liabilities (¥35.9B).
Debt to Equity History and Analysis
Debt Level: 69L's net debt to equity ratio (41.2%) is considered high.
Reducing Debt: 69L's debt to equity ratio has reduced from 82% to 77.1% over the past 5 years.
Debt Coverage: 69L's debt is well covered by operating cash flow (22.9%).
Interest Coverage: 69L's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 15:05 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Daido Metal Co., Ltd. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shogo Oki | Marusan Securities Co. Ltd. |
| Seiji Sugiura | Tokai Tokyo Intelligence Laboratory Co., Ltd. |
| Neeti Tripathi | Virtua Research Inc. |