Dijet Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Dijet Industrial has a total shareholder equity of ¥7.6B and total debt of ¥4.7B, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are ¥16.0B and ¥8.3B respectively. Dijet Industrial's EBIT is ¥168.0M making its interest coverage ratio 3.9. It has cash and short-term investments of ¥1.5B.
Key information
62.2%
Debt to equity ratio
JP¥4.75b
Debt
| Interest coverage ratio | 3.9x |
| Cash | JP¥1.50b |
| Equity | JP¥7.64b |
| Total liabilities | JP¥8.35b |
| Total assets | JP¥15.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6138's short term assets (¥8.4B) exceed its short term liabilities (¥3.6B).
Long Term Liabilities: 6138's short term assets (¥8.4B) exceed its long term liabilities (¥4.8B).
Debt to Equity History and Analysis
Debt Level: 6138's net debt to equity ratio (42.5%) is considered high.
Reducing Debt: 6138's debt to equity ratio has reduced from 67.3% to 62.2% over the past 5 years.
Debt Coverage: 6138's debt is well covered by operating cash flow (23.7%).
Interest Coverage: 6138's interest payments on its debt are well covered by EBIT (3.9x coverage).