Daytona Balance Sheet Health
Financial Health criteria checks 6/6
Daytona has a total shareholder equity of ¥7.7B and total debt of ¥1.3B, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are ¥10.3B and ¥2.7B respectively. Daytona's EBIT is ¥1.7B making its interest coverage ratio 188.8. It has cash and short-term investments of ¥1.7B.
Key information
17.3%
Debt to equity ratio
JP¥1.33b
Debt
| Interest coverage ratio | 188.8x |
| Cash | JP¥1.73b |
| Equity | JP¥7.66b |
| Total liabilities | JP¥2.68b |
| Total assets | JP¥10.33b |
Recent financial health updates
Daytona (TYO:7228) Could Easily Take On More Debt
Apr 29
These 4 Measures Indicate That Daytona (TYO:7228) Is Using Debt Reasonably Well
Jan 19Recent updates
Daytona (TYO:7228) Could Easily Take On More Debt
Apr 29Daytona (TYO:7228) Could Become A Multi-Bagger
Apr 06Declining Stock and Solid Fundamentals: Is The Market Wrong About Daytona Corporation (TYO:7228)?
Mar 15Daytona's (TYO:7228) Earnings Are Growing But Is There More To The Story?
Feb 22How Does Daytona Corporation (TYO:7228) Fare As A Dividend Stock?
Feb 09These 4 Measures Indicate That Daytona (TYO:7228) Is Using Debt Reasonably Well
Jan 19Here's What We Like About Daytona's (TYO:7228) Upcoming Dividend
Dec 24What Do The Returns At Daytona (TYO:7228) Mean Going Forward?
Dec 18Are Robust Financials Driving The Recent Rally In Daytona Corporation's (TYO:7228) Stock?
Nov 27
Financial Position Analysis
Short Term Liabilities: 7228's short term assets (¥7.8B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 7228's short term assets (¥7.8B) exceed its long term liabilities (¥384.0M).
Debt to Equity History and Analysis
Debt Level: 7228 has more cash than its total debt.
Reducing Debt: 7228's debt to equity ratio has reduced from 88.7% to 17.3% over the past 5 years.
Debt Coverage: 7228's debt is well covered by operating cash flow (92.3%).
Interest Coverage: 7228's interest payments on its debt are well covered by EBIT (188.8x coverage).