Dijet Industrial Balance Sheet Health
Financial Health criteria checks 3/6
Dijet Industrial has a total shareholder equity of ¥7.9B and total debt of ¥5.3B, which brings its debt-to-equity ratio to 67.4%. Its total assets and total liabilities are ¥17.1B and ¥9.2B respectively. Dijet Industrial's EBIT is ¥46.0M making its interest coverage ratio 1.2. It has cash and short-term investments of ¥2.0B.
Key information
67.4%
Debt to equity ratio
JP¥5.32b
Debt
| Interest coverage ratio | 1.2x |
| Cash | JP¥1.99b |
| Equity | JP¥7.90b |
| Total liabilities | JP¥9.20b |
| Total assets | JP¥17.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6138's short term assets (¥9.3B) exceed its short term liabilities (¥4.2B).
Long Term Liabilities: 6138's short term assets (¥9.3B) exceed its long term liabilities (¥5.1B).
Debt to Equity History and Analysis
Debt Level: 6138's net debt to equity ratio (42.1%) is considered high.
Reducing Debt: 6138's debt to equity ratio has reduced from 69.6% to 67.4% over the past 5 years.
Debt Coverage: 6138's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: 6138's interest payments on its debt are not well covered by EBIT (1.2x coverage).