DAIHEN Balance Sheet Health
Financial Health criteria checks 4/6
DAIHEN has a total shareholder equity of ¥150.2B and total debt of ¥70.2B, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are ¥277.9B and ¥127.7B respectively. DAIHEN's EBIT is ¥15.1B making its interest coverage ratio -261. It has cash and short-term investments of ¥27.9B.
Key information
46.7%
Debt to equity ratio
JP¥70.21b
Debt
| Interest coverage ratio | -261x |
| Cash | JP¥27.95b |
| Equity | JP¥150.20b |
| Total liabilities | JP¥127.72b |
| Total assets | JP¥277.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6NV's short term assets (¥185.1B) exceed its short term liabilities (¥82.0B).
Long Term Liabilities: 6NV's short term assets (¥185.1B) exceed its long term liabilities (¥45.7B).
Debt to Equity History and Analysis
Debt Level: 6NV's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: 6NV's debt to equity ratio has increased from 42.4% to 46.7% over the past 5 years.
Debt Coverage: 6NV's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: 6NV earns more interest than it pays, so coverage of interest payments is not a concern.