Daiki Axis Balance Sheet Health

Financial Health criteria checks 4/6

Daiki Axis has a total shareholder equity of ¥9.7B and total debt of ¥15.9B, which brings its debt-to-equity ratio to 163.7%. Its total assets and total liabilities are ¥34.1B and ¥24.4B respectively. Daiki Axis's EBIT is ¥889.0M making its interest coverage ratio 55.6. It has cash and short-term investments of ¥7.0B.

Key information

163.7%

Debt to equity ratio

JP¥15.88b

Debt

Interest coverage ratio55.6x
CashJP¥7.04b
EquityJP¥9.70b
Total liabilitiesJP¥24.36b
Total assetsJP¥34.06b

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 (¥17.4B).

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 (91.2%) is considered high.

Reducing Debt: 4245's debt to equity ratio has reduced from 165.5% to 163.7% 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 (55.6x coverage).


Balance Sheet


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