Daiho Balance Sheet Health
Financial Health criteria checks 4/6
Daiho has a total shareholder equity of ¥68.7B and total debt of ¥11.0B, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are ¥164.3B and ¥95.6B respectively. Daiho's EBIT is ¥2.9B making its interest coverage ratio -26.7. It has cash and short-term investments of ¥26.7B.
Key information
16.0%
Debt to equity ratio
JP¥10.97b
Debt
Interest coverage ratio | -26.7x |
Cash | JP¥26.68b |
Equity | JP¥68.74b |
Total liabilities | JP¥95.59b |
Total assets | JP¥164.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1822's short term assets (¥135.0B) exceed its short term liabilities (¥82.2B).
Long Term Liabilities: 1822's short term assets (¥135.0B) exceed its long term liabilities (¥13.4B).
Debt to Equity History and Analysis
Debt Level: 1822 has more cash than its total debt.
Reducing Debt: 1822's debt to equity ratio has increased from 8.3% to 16% over the past 5 years.
Debt Coverage: 1822's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1822 earns more interest than it pays, so coverage of interest payments is not a concern.