DIC Balance Sheet Health
Financial Health criteria checks 3/6
DIC has a total shareholder equity of ¥399.3B and total debt of ¥512.5B, which brings its debt-to-equity ratio to 128.4%. Its total assets and total liabilities are ¥1,244.9B and ¥845.6B respectively. DIC's EBIT is ¥17.9B making its interest coverage ratio 3.8. It has cash and short-term investments of ¥87.5B.
Key information
128.4%
Debt to equity ratio
JP¥512.53b
Debt
Interest coverage ratio | 3.8x |
Cash | JP¥87.53b |
Equity | JP¥399.27b |
Total liabilities | JP¥845.62b |
Total assets | JP¥1.24t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DPN's short term assets (¥620.2B) exceed its short term liabilities (¥348.7B).
Long Term Liabilities: DPN's short term assets (¥620.2B) exceed its long term liabilities (¥496.9B).
Debt to Equity History and Analysis
Debt Level: DPN's net debt to equity ratio (106.4%) is considered high.
Reducing Debt: DPN's debt to equity ratio has increased from 79.3% to 128.4% over the past 5 years.
Debt Coverage: DPN's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: DPN's interest payments on its debt are well covered by EBIT (3.8x coverage).