Daiki Axis Balance Sheet Health
Financial Health criteria checks 3/6
Daiki Axis has a total shareholder equity of ¥9.6B and total debt of ¥15.9B, which brings its debt-to-equity ratio to 166.1%. Its total assets and total liabilities are ¥34.4B and ¥24.9B respectively. Daiki Axis's EBIT is ¥982.0M making its interest coverage ratio 51.7. It has cash and short-term investments of ¥7.4B.
Key information
166.1%
Debt to equity ratio
JP¥15.88b
Debt
| Interest coverage ratio | 51.7x |
| Cash | JP¥7.43b |
| Equity | JP¥9.56b |
| Total liabilities | JP¥24.86b |
| Total assets | JP¥34.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4245's short term assets (¥18.3B) exceed its short term liabilities (¥17.9B).
Long Term Liabilities: 4245's short term assets (¥18.3B) exceed its long term liabilities (¥7.0B).
Debt to Equity History and Analysis
Debt Level: 4245's net debt to equity ratio (88.5%) is considered high.
Reducing Debt: 4245's debt to equity ratio has increased from 134.3% to 166.1% over the past 5 years.
Debt Coverage: 4245's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: 4245's interest payments on its debt are well covered by EBIT (51.7x coverage).