Daito Trust ConstructionLtd Balance Sheet Health
Financial Health criteria checks 6/6
Daito Trust ConstructionLtd has a total shareholder equity of ¥413.1B and total debt of ¥76.3B, which brings its debt-to-equity ratio to 18.5%. Its total assets and total liabilities are ¥1,046.1B and ¥633.0B respectively. Daito Trust ConstructionLtd's EBIT is ¥114.6B making its interest coverage ratio -145. It has cash and short-term investments of ¥209.4B.
Key information
18.5%
Debt to equity ratio
JP¥76.30b
Debt
| Interest coverage ratio | -145x |
| Cash | JP¥209.35b |
| Equity | JP¥413.12b |
| Total liabilities | JP¥633.00b |
| Total assets | JP¥1.05t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4D7's short term assets (¥592.1B) exceed its short term liabilities (¥287.2B).
Long Term Liabilities: 4D7's short term assets (¥592.1B) exceed its long term liabilities (¥345.8B).
Debt to Equity History and Analysis
Debt Level: 4D7 has more cash than its total debt.
Reducing Debt: 4D7's debt to equity ratio has reduced from 33.3% to 18.5% over the past 5 years.
Debt Coverage: 4D7's debt is well covered by operating cash flow (109.1%).
Interest Coverage: 4D7 earns more interest than it pays, so coverage of interest payments is not a concern.