Daikin IndustriesLtd Balance Sheet Health
Financial Health criteria checks 6/6
Daikin IndustriesLtd has a total shareholder equity of ¥2,732.6B and total debt of ¥802.4B, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are ¥4,930.4B and ¥2,197.8B respectively. Daikin IndustriesLtd's EBIT is ¥403.0B making its interest coverage ratio 16.6. It has cash and short-term investments of ¥827.2B.
Key information
29.4%
Debt to equity ratio
JP¥802.37b
Debt
| Interest coverage ratio | 16.6x |
| Cash | JP¥827.23b |
| Equity | JP¥2.73t |
| Total liabilities | JP¥2.20t |
| Total assets | JP¥4.93t |
Recent financial health updates
Daikin IndustriesLtd (TSE:6367) Seems To Use Debt Quite Sensibly
Oct 23
Is Daikin IndustriesLtd (TSE:6367) A Risky Investment?
Jun 03Recent updates
Estimating The Intrinsic Value Of Daikin Industries,Ltd. (TSE:6367)
Nov 25Results: Daikin Industries,Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
Nov 08Daikin IndustriesLtd (TSE:6367) Seems To Use Debt Quite Sensibly
Oct 23Daikin IndustriesLtd (TSE:6367) Is Reinvesting At Lower Rates Of Return
Oct 08Daikin IndustriesLtd (TSE:6367) Will Pay A Larger Dividend Than Last Year At ¥185.00
Aug 20Earnings Miss: Daikin Industries,Ltd. Missed EPS By 28% And Analysts Are Revising Their Forecasts
Aug 08Daikin Industries,Ltd. (TSE:6367) May Have Run Too Fast Too Soon With Recent 26% Price Plummet
Aug 07Daikin IndustriesLtd's (TSE:6367) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 25Daikin Industries,Ltd.'s (TSE:6367) Intrinsic Value Is Potentially 21% Below Its Share Price
Jul 03Is Daikin Industries,Ltd. (TSE:6367) Potentially Undervalued?
Jun 19Is Daikin IndustriesLtd (TSE:6367) A Risky Investment?
Jun 03Daikin IndustriesLtd's (TSE:6367) Profits Appear To Have Quality Issues
May 21Daikin Industries,Ltd. (TSE:6367) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 12Daikin Industries,Ltd.'s (TSE:6367) Business Is Trailing The Market But Its Shares Aren't
Apr 20Daikin IndustriesLtd's (TSE:6367) Dividend Will Be ¥120.00
Mar 12Daikin IndustriesLtd (TSE:6367) Is Due To Pay A Dividend Of ¥120.00
Feb 27Financial Position Analysis
Short Term Liabilities: 6367's short term assets (¥2,782.0B) exceed its short term liabilities (¥1,466.6B).
Long Term Liabilities: 6367's short term assets (¥2,782.0B) exceed its long term liabilities (¥731.1B).
Debt to Equity History and Analysis
Debt Level: 6367 has more cash than its total debt.
Reducing Debt: 6367's debt to equity ratio has reduced from 35.2% to 29.4% over the past 5 years.
Debt Coverage: 6367's debt is well covered by operating cash flow (64.8%).
Interest Coverage: 6367's interest payments on its debt are well covered by EBIT (16.6x coverage).