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
A Piece Of The Puzzle Missing From Daihatsu Diesel Mfg. Co., Ltd.'s (TSE:6023) 28% Share Price Climb
Dec 02Daihatsu 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 14:41 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Daihatsu Diesel Mfg. Co., Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Company Forecast |
| Kazuhiko Uzaki | Okasan Securities Co. Ltd. |
| Poonam Zawar | Virtua Research Inc. |