Daiichi Jitsugyo Balance Sheet Health
Financial Health criteria checks 6/6
Daiichi Jitsugyo has a total shareholder equity of ¥76.9B and total debt of ¥2.4B, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are ¥189.3B and ¥112.4B respectively. Daiichi Jitsugyo's EBIT is ¥12.1B making its interest coverage ratio -15. It has cash and short-term investments of ¥33.2B.
Key information
3.2%
Debt to equity ratio
JP¥2.44b
Debt
| Interest coverage ratio | -15x |
| Cash | JP¥33.24b |
| Equity | JP¥76.93b |
| Total liabilities | JP¥112.36b |
| Total assets | JP¥189.29b |
Recent financial health updates
No updates
Recent updates
Daiichi Jitsugyo's (TSE:8059) Dividend Will Be Reduced To ¥36.00
Dec 13
Daiichi Jitsugyo (TSE:8059) Will Pay A Smaller Dividend Than Last Year
Nov 29Daiichi Jitsugyo's (TSE:8059) Earnings Are Weaker Than They Seem
Nov 19Market Might Still Lack Some Conviction On Daiichi Jitsugyo Co., Ltd. (TSE:8059) Even After 26% Share Price Boost
Sep 04Daiichi Jitsugyo (TSE:8059) Has Announced That Its Dividend Will Be Reduced To ¥36.00
Aug 20Daiichi Jitsugyo (TSE:8059) Will Pay A Smaller Dividend Than Last Year
Aug 06Daiichi Jitsugyo's (TSE:8059) Shareholders May Want To Dig Deeper Than Statutory Profit
May 21Why Investors Shouldn't Be Surprised By Daiichi Jitsugyo Co., Ltd.'s (TSE:8059) Low P/E
May 01Financial Position Analysis
Short Term Liabilities: 8059's short term assets (¥168.2B) exceed its short term liabilities (¥109.0B).
Long Term Liabilities: 8059's short term assets (¥168.2B) exceed its long term liabilities (¥3.3B).
Debt to Equity History and Analysis
Debt Level: 8059 has more cash than its total debt.
Reducing Debt: 8059's debt to equity ratio has reduced from 18.4% to 3.2% over the past 5 years.
Debt Coverage: 8059's debt is well covered by operating cash flow (94.9%).
Interest Coverage: 8059 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 09:31 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Daiichi Jitsugyo Co., Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Naruhiko Takatsuji | Ichiyoshi Research Institute Inc. |
| Katsuhiko Sugiyama | TIW |
| Madhura Athawale | Virtua Research Inc. |