Daisue Construction Balance Sheet Health
Financial Health criteria checks 4/6
Daisue Construction has a total shareholder equity of ¥22.6B and total debt of ¥4.7B, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are ¥59.1B and ¥36.6B respectively. Daisue Construction's EBIT is ¥1.6B making its interest coverage ratio -21.2. It has cash and short-term investments of ¥8.8B.
Key information
20.7%
Debt to equity ratio
JP¥4.67b
Debt
Interest coverage ratio | -21.2x |
Cash | JP¥8.78b |
Equity | JP¥22.55b |
Total liabilities | JP¥36.56b |
Total assets | JP¥59.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1814's short term assets (¥48.7B) exceed its short term liabilities (¥30.8B).
Long Term Liabilities: 1814's short term assets (¥48.7B) exceed its long term liabilities (¥5.7B).
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 7.9% to 20.7% 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.