Daifuku Balance Sheet Health
Financial Health criteria checks 5/6
Daifuku has a total shareholder equity of ¥358.8B and total debt of ¥70.6B, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are ¥646.2B and ¥287.4B respectively. Daifuku's EBIT is ¥62.1B making its interest coverage ratio -36.6. It has cash and short-term investments of ¥142.0B.
Key information
19.7%
Debt to equity ratio
JP¥70.62b
Debt
Interest coverage ratio | -36.6x |
Cash | JP¥142.04b |
Equity | JP¥358.75b |
Total liabilities | JP¥287.40b |
Total assets | JP¥646.15b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6383's short term assets (¥496.4B) exceed its short term liabilities (¥211.4B).
Long Term Liabilities: 6383's short term assets (¥496.4B) exceed its long term liabilities (¥76.0B).
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 increased from 17.9% to 19.7% over the past 5 years.
Debt Coverage: 6383's debt is well covered by operating cash flow (52.6%).
Interest Coverage: 6383 earns more interest than it pays, so coverage of interest payments is not a concern.