Daiho Balance Sheet Health
Financial Health criteria checks 4/6
Daiho has a total shareholder equity of ¥68.2B and total debt of ¥7.0B, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are ¥144.4B and ¥76.2B respectively. Daiho's EBIT is ¥385.0M making its interest coverage ratio -1.5. It has cash and short-term investments of ¥22.4B.
Key information
10.2%
Debt to equity ratio
JP¥6.97b
Debt
| Interest coverage ratio | -1.5x |
| Cash | JP¥22.45b |
| Equity | JP¥68.24b |
| Total liabilities | JP¥76.21b |
| Total assets | JP¥144.44b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1822's short term assets (¥114.3B) exceed its short term liabilities (¥62.8B).
Long Term Liabilities: 1822's short term assets (¥114.3B) 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 8.1% to 10.2% 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.