Daifuku Balance Sheet Health
Financial Health criteria checks 6/6
Daifuku has a total shareholder equity of ¥341.8B and total debt of ¥72.7B, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are ¥640.4B and ¥298.6B respectively. Daifuku's EBIT is ¥55.8B making its interest coverage ratio -34.6. It has cash and short-term investments of ¥119.3B.
Key information
21.3%
Debt to equity ratio
JP¥72.70b
Debt
Interest coverage ratio | -34.6x |
Cash | JP¥119.34b |
Equity | JP¥341.81b |
Total liabilities | JP¥298.57b |
Total assets | JP¥640.38b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6383's short term assets (¥492.6B) exceed its short term liabilities (¥221.0B).
Long Term Liabilities: 6383's short term assets (¥492.6B) exceed its long term liabilities (¥77.6B).
Debt to Equity History and Analysis
Debt Level: 6383 has more cash than its total debt.
Reducing Debt: 6383's debt to equity ratio has reduced from 22.1% to 21.3% over the past 5 years.
Debt Coverage: 6383's debt is well covered by operating cash flow (72%).
Interest Coverage: 6383 earns more interest than it pays, so coverage of interest payments is not a concern.