Daishinku Balance Sheet Health
Financial Health criteria checks 5/6
Daishinku has a total shareholder equity of ¥45.6B and total debt of ¥34.4B, which brings its debt-to-equity ratio to 75.5%. Its total assets and total liabilities are ¥90.5B and ¥44.9B respectively. Daishinku's EBIT is ¥2.1B making its interest coverage ratio 86. It has cash and short-term investments of ¥19.7B.
Key information
75.5%
Debt to equity ratio
JP¥34.38b
Debt
| Interest coverage ratio | 86x |
| Cash | JP¥19.65b |
| Equity | JP¥45.56b |
| Total liabilities | JP¥44.91b |
| Total assets | JP¥90.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 90G's short term assets (¥48.3B) exceed its short term liabilities (¥22.1B).
Long Term Liabilities: 90G's short term assets (¥48.3B) exceed its long term liabilities (¥22.8B).
Debt to Equity History and Analysis
Debt Level: 90G's net debt to equity ratio (32.3%) is considered satisfactory.
Reducing Debt: 90G's debt to equity ratio has increased from 71.3% to 75.5% over the past 5 years.
Debt Coverage: 90G's debt is well covered by operating cash flow (23.4%).
Interest Coverage: 90G's interest payments on its debt are well covered by EBIT (86x coverage).