Daiseki Eco. Solution Balance Sheet Health
Financial Health criteria checks 6/6
Daiseki Eco. Solution has a total shareholder equity of ¥17.7B and total debt of ¥5.5B, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are ¥27.4B and ¥9.7B respectively. Daiseki Eco. Solution's EBIT is ¥2.8B making its interest coverage ratio 932.7. It has cash and short-term investments of ¥2.4B.
Key information
31.1%
Debt to equity ratio
JP¥5.50b
Debt
Interest coverage ratio | 932.7x |
Cash | JP¥2.45b |
Equity | JP¥17.67b |
Total liabilities | JP¥9.68b |
Total assets | JP¥27.35b |
Recent financial health updates
No updates
Recent updates
Daiseki Eco. Solution (TSE:1712) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 12Some Daiseki Eco. Solution Co., Ltd. (TSE:1712) Analysts Just Made A Major Cut To Next Year's Estimates
Apr 11Daiseki Eco. Solution's (TSE:1712) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 27Financial Position Analysis
Short Term Liabilities: 1712's short term assets (¥7.9B) exceed its short term liabilities (¥5.7B).
Long Term Liabilities: 1712's short term assets (¥7.9B) exceed its long term liabilities (¥3.9B).
Debt to Equity History and Analysis
Debt Level: 1712's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: 1712's debt to equity ratio has reduced from 49.3% to 31.1% over the past 5 years.
Debt Coverage: 1712's debt is well covered by operating cash flow (58.7%).
Interest Coverage: 1712's interest payments on its debt are well covered by EBIT (932.7x coverage).