DAIHEN Balance Sheet Health
Financial Health criteria checks 4/6
DAIHEN has a total shareholder equity of ¥150.2B and total debt of ¥70.2B, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are ¥277.9B and ¥127.7B respectively. DAIHEN's EBIT is ¥15.1B making its interest coverage ratio -261. It has cash and short-term investments of ¥27.9B.
Key information
46.7%
Debt to equity ratio
JP¥70.21b
Debt
| Interest coverage ratio | -261x |
| Cash | JP¥27.95b |
| Equity | JP¥150.20b |
| Total liabilities | JP¥127.72b |
| Total assets | JP¥277.92b |
Recent financial health updates
Is DAIHEN (TSE:6622) A Risky Investment?
Oct 23
Does DAIHEN (TSE:6622) Have A Healthy Balance Sheet?
Jul 11We Think DAIHEN (TSE:6622) Is Taking Some Risk With Its Debt
Mar 21Recent updates
DAIHEN's (TSE:6622) Solid Profits Have Weak Fundamentals
Nov 19DAIHEN Corporation Just Recorded A 63% EPS Beat: Here's What Analysts Are Forecasting Next
Nov 08Slowing Rates Of Return At DAIHEN (TSE:6622) Leave Little Room For Excitement
Nov 07Is DAIHEN (TSE:6622) A Risky Investment?
Oct 23DAIHEN Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Aug 08Investors Don't See Light At End Of DAIHEN Corporation's (TSE:6622) Tunnel And Push Stock Down 34%
Aug 05Returns On Capital At DAIHEN (TSE:6622) Have Stalled
Jul 27Does DAIHEN (TSE:6622) Have A Healthy Balance Sheet?
Jul 11DAIHEN's (TSE:6622) Promising Earnings May Rest On Soft Foundations
May 21DAIHEN Corporation (TSE:6622) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
May 14Should You Think About Buying DAIHEN Corporation (TSE:6622) Now?
Apr 26DAIHEN (TSE:6622) Has More To Do To Multiply In Value Going Forward
Apr 09We Think DAIHEN (TSE:6622) Is Taking Some Risk With Its Debt
Mar 21There's Reason For Concern Over DAIHEN Corporation's (TSE:6622) Massive 32% Price Jump
Mar 06Financial Position Analysis
Short Term Liabilities: 6622's short term assets (¥185.1B) exceed its short term liabilities (¥82.0B).
Long Term Liabilities: 6622's short term assets (¥185.1B) exceed its long term liabilities (¥45.7B).
Debt to Equity History and Analysis
Debt Level: 6622's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: 6622's debt to equity ratio has increased from 42.4% to 46.7% over the past 5 years.
Debt Coverage: 6622's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: 6622 earns more interest than it pays, so coverage of interest payments is not a concern.