DaikyoNishikawa Balance Sheet Health
Financial Health criteria checks 5/6
DaikyoNishikawa has a total shareholder equity of ¥83.3B and total debt of ¥35.5B, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are ¥161.2B and ¥78.0B respectively. DaikyoNishikawa's EBIT is ¥8.7B making its interest coverage ratio 7.5. It has cash and short-term investments of ¥39.1B.
Key information
42.6%
Debt to equity ratio
JP¥35.47b
Debt
Interest coverage ratio | 7.5x |
Cash | JP¥39.08b |
Equity | JP¥83.25b |
Total liabilities | JP¥77.97b |
Total assets | JP¥161.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4246's short term assets (¥80.3B) exceed its short term liabilities (¥44.8B).
Long Term Liabilities: 4246's short term assets (¥80.3B) exceed its long term liabilities (¥33.2B).
Debt to Equity History and Analysis
Debt Level: 4246 has more cash than its total debt.
Reducing Debt: 4246's debt to equity ratio has increased from 27.6% to 42.6% over the past 5 years.
Debt Coverage: 4246's debt is well covered by operating cash flow (57.4%).
Interest Coverage: 4246's interest payments on its debt are well covered by EBIT (7.5x coverage).