Daiko TsusanLtd Balance Sheet Health
Financial Health criteria checks 6/6
Daiko TsusanLtd has a total shareholder equity of ¥7.5B and total debt of ¥504.0M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are ¥14.7B and ¥7.2B respectively. Daiko TsusanLtd's EBIT is ¥879.0M making its interest coverage ratio -439.5. It has cash and short-term investments of ¥5.2B.
Key information
6.7%
Debt to equity ratio
JP¥504.00m
Debt
Interest coverage ratio | -439.5x |
Cash | JP¥5.19b |
Equity | JP¥7.53b |
Total liabilities | JP¥7.17b |
Total assets | JP¥14.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7673's short term assets (¥10.5B) exceed its short term liabilities (¥6.8B).
Long Term Liabilities: 7673's short term assets (¥10.5B) exceed its long term liabilities (¥366.0M).
Debt to Equity History and Analysis
Debt Level: 7673 has more cash than its total debt.
Reducing Debt: 7673's debt to equity ratio has reduced from 9.8% to 6.7% over the past 5 years.
Debt Coverage: 7673's debt is well covered by operating cash flow (185.1%).
Interest Coverage: 7673 earns more interest than it pays, so coverage of interest payments is not a concern.