Daiei Kankyo Balance Sheet Health
Financial Health criteria checks 5/6
Daiei Kankyo has a total shareholder equity of ¥85.0B and total debt of ¥57.7B, which brings its debt-to-equity ratio to 68%. Its total assets and total liabilities are ¥160.9B and ¥76.0B respectively. Daiei Kankyo's EBIT is ¥20.5B making its interest coverage ratio 330.5. It has cash and short-term investments of ¥41.8B.
Key information
68.0%
Debt to equity ratio
JP¥57.74b
Debt
| Interest coverage ratio | 330.5x |
| Cash | JP¥41.83b |
| Equity | JP¥84.96b |
| Total liabilities | JP¥75.96b |
| Total assets | JP¥160.92b |
Recent financial health updates
Recent updates
Should You Be Adding Daiei Kankyo (TSE:9336) To Your Watchlist Today?
Apr 11
Daiei Kankyo (TSE:9336) Is Paying Out A Larger Dividend Than Last Year
Mar 25We Think Daiei Kankyo (TSE:9336) Can Stay On Top Of Its Debt
Mar 19Daiei Kankyo's (TSE:9336) Dividend Will Be Increased To ¥42.00
Feb 29Daiei Kankyo's (TSE:9336) Returns On Capital Are Heading Higher
Feb 28Financial Position Analysis
Short Term Liabilities: 9336's short term assets (¥58.8B) exceed its short term liabilities (¥22.7B).
Long Term Liabilities: 9336's short term assets (¥58.8B) exceed its long term liabilities (¥53.2B).
Debt to Equity History and Analysis
Debt Level: 9336's net debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9336's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9336's debt is well covered by operating cash flow (28.2%).
Interest Coverage: 9336's interest payments on its debt are well covered by EBIT (330.5x coverage).