Denkyo Group HoldingsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Denkyo Group HoldingsLtd has a total shareholder equity of ¥26.4B and total debt of ¥4.5B, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are ¥38.5B and ¥12.1B respectively.
Key information
16.9%
Debt to equity ratio
JP¥4.45b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥7.79b |
| Equity | JP¥26.35b |
| Total liabilities | JP¥12.11b |
| Total assets | JP¥38.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8144's short term assets (¥21.7B) exceed its short term liabilities (¥9.5B).
Long Term Liabilities: 8144's short term assets (¥21.7B) exceed its long term liabilities (¥2.6B).
Debt to Equity History and Analysis
Debt Level: 8144 has more cash than its total debt.
Reducing Debt: 8144's debt to equity ratio has increased from 14.7% to 16.9% over the past 5 years.
Debt Coverage: 8144's debt is well covered by operating cash flow (21.4%).
Interest Coverage: Insufficient data to determine if 8144's interest payments on its debt are well covered by EBIT.