Daiki Axis Balance Sheet Health
Financial Health criteria checks 3/6
Daiki Axis has a total shareholder equity of ¥9.5B and total debt of ¥16.1B, which brings its debt-to-equity ratio to 168.7%. Its total assets and total liabilities are ¥34.1B and ¥24.5B respectively. Daiki Axis's EBIT is ¥665.0M making its interest coverage ratio 51.2. It has cash and short-term investments of ¥6.9B.
Key information
168.7%
Debt to equity ratio
JP¥16.06b
Debt
Interest coverage ratio | 51.2x |
Cash | JP¥6.95b |
Equity | JP¥9.52b |
Total liabilities | JP¥24.55b |
Total assets | JP¥34.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4245's short term assets (¥18.9B) exceed its short term liabilities (¥16.9B).
Long Term Liabilities: 4245's short term assets (¥18.9B) exceed its long term liabilities (¥7.6B).
Debt to Equity History and Analysis
Debt Level: 4245's net debt to equity ratio (95.7%) is considered high.
Reducing Debt: 4245's debt to equity ratio has increased from 163.9% to 168.7% 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 (51.2x coverage).