DaikyoNishikawa Balance Sheet Health
Financial Health criteria checks 5/6
DaikyoNishikawa has a total shareholder equity of ¥83.8B and total debt of ¥38.8B, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are ¥170.5B and ¥86.7B respectively. DaikyoNishikawa's EBIT is ¥11.3B making its interest coverage ratio 9.7. It has cash and short-term investments of ¥37.3B.
Key information
46.3%
Debt to equity ratio
JP¥38.83b
Debt
Interest coverage ratio | 9.7x |
Cash | JP¥37.30b |
Equity | JP¥83.81b |
Total liabilities | JP¥86.72b |
Total assets | JP¥170.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4246's short term assets (¥84.7B) exceed its short term liabilities (¥49.7B).
Long Term Liabilities: 4246's short term assets (¥84.7B) exceed its long term liabilities (¥37.1B).
Debt to Equity History and Analysis
Debt Level: 4246's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: 4246's debt to equity ratio has increased from 23% to 46.3% over the past 5 years.
Debt Coverage: 4246's debt is well covered by operating cash flow (46.2%).
Interest Coverage: 4246's interest payments on its debt are well covered by EBIT (9.7x coverage).