Daisue Construction Balance Sheet Health
Financial Health criteria checks 4/6
Daisue Construction has a total shareholder equity of ¥23.0B and total debt of ¥4.0B, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are ¥56.7B and ¥33.7B respectively. Daisue Construction's EBIT is ¥2.5B making its interest coverage ratio -42. It has cash and short-term investments of ¥5.6B.
Key information
17.3%
Debt to equity ratio
JP¥3.98b
Debt
| Interest coverage ratio | -42x |
| Cash | JP¥5.65b |
| Equity | JP¥22.98b |
| Total liabilities | JP¥33.75b |
| Total assets | JP¥56.72b |
Recent financial health updates
No updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For Daisue Construction (TSE:1814)
Nov 19
Daisue Construction (TSE:1814) Has Announced That It Will Be Increasing Its Dividend To ¥44.50
Sep 21Daisue Construction (TSE:1814) Is Increasing Its Dividend To ¥44.50
Aug 28Daisue Construction (TSE:1814) Is Paying Out A Larger Dividend Than Last Year
Jul 25Daisue Construction's (TSE:1814) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 11Weak Statutory Earnings May Not Tell The Whole Story For Daisue Construction (TSE:1814)
May 21Daisue Construction (TSE:1814) Will Pay A Dividend Of ¥35.00
Mar 12Daisue Construction (TSE:1814) Will Pay A Dividend Of ¥35.00
Feb 27Financial Position Analysis
Short Term Liabilities: 1814's short term assets (¥46.3B) exceed its short term liabilities (¥28.5B).
Long Term Liabilities: 1814's short term assets (¥46.3B) exceed its long term liabilities (¥5.3B).
Debt to Equity History and Analysis
Debt Level: 1814 has more cash than its total debt.
Reducing Debt: 1814's debt to equity ratio has increased from 7.1% to 17.3% over the past 5 years.
Debt Coverage: 1814's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1814 earns more interest than it pays, so coverage of interest payments is not a concern.