Daihatsu Diesel Mfg Balance Sheet Health
Financial Health criteria checks 6/6
Daihatsu Diesel Mfg has a total shareholder equity of ¥51.6B and total debt of ¥13.7B, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are ¥98.2B and ¥46.6B respectively. Daihatsu Diesel Mfg's EBIT is ¥7.4B making its interest coverage ratio 338.2. It has cash and short-term investments of ¥32.0B.
Key information
26.6%
Debt to equity ratio
JP¥13.71b
Debt
| Interest coverage ratio | 338.2x |
| Cash | JP¥32.00b |
| Equity | JP¥51.59b |
| Total liabilities | JP¥46.65b |
| Total assets | JP¥98.24b |
Recent financial health updates
Is Daihatsu Diesel Mfg (TSE:6023) A Risky Investment?
Aug 19
Does Daihatsu Diesel Mfg (TSE:6023) Have A Healthy Balance Sheet?
Apr 10Recent updates
Daihatsu Diesel Mfg's (TSE:6023) Dividend Is Being Reduced To ¥39.00
Nov 01Is Daihatsu Diesel Mfg (TSE:6023) A Risky Investment?
Aug 19Daihatsu Diesel Mfg. Co., Ltd. (TSE:6023) Might Not Be As Mispriced As It Looks
Jul 02Does Daihatsu Diesel Mfg (TSE:6023) Have A Healthy Balance Sheet?
Apr 10Daihatsu Diesel Mfg (TSE:6023) Has Announced That It Will Be Increasing Its Dividend To ¥33.00
Mar 03The Market Lifts Daihatsu Diesel Mfg. Co., Ltd. (TSE:6023) Shares 32% But It Can Do More
Feb 26Financial Position Analysis
Short Term Liabilities: 6023's short term assets (¥69.8B) exceed its short term liabilities (¥26.2B).
Long Term Liabilities: 6023's short term assets (¥69.8B) exceed its long term liabilities (¥20.4B).
Debt to Equity History and Analysis
Debt Level: 6023 has more cash than its total debt.
Reducing Debt: 6023's debt to equity ratio has reduced from 38.3% to 26.6% over the past 5 years.
Debt Coverage: 6023's debt is well covered by operating cash flow (49.8%).
Interest Coverage: 6023's interest payments on its debt are well covered by EBIT (338.2x coverage).