Dai-Dan Balance Sheet Health
Financial Health criteria checks 5/6
Dai-Dan has a total shareholder equity of ¥86.4B and total debt of ¥10.2B, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are ¥150.4B and ¥63.9B respectively. Dai-Dan's EBIT is ¥9.6B making its interest coverage ratio -27.8. It has cash and short-term investments of ¥20.3B.
Key information
11.8%
Debt to equity ratio
JP¥10.24b
Debt
Interest coverage ratio | -27.8x |
Cash | JP¥20.26b |
Equity | JP¥86.44b |
Total liabilities | JP¥63.91b |
Total assets | JP¥150.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1980's short term assets (¥107.1B) exceed its short term liabilities (¥58.6B).
Long Term Liabilities: 1980's short term assets (¥107.1B) exceed its long term liabilities (¥5.3B).
Debt to Equity History and Analysis
Debt Level: 1980 has more cash than its total debt.
Reducing Debt: 1980's debt to equity ratio has increased from 7.9% to 11.8% over the past 5 years.
Debt Coverage: 1980's debt is well covered by operating cash flow (32%).
Interest Coverage: 1980 earns more interest than it pays, so coverage of interest payments is not a concern.