Daiei Kankyo Balance Sheet Health
Financial Health criteria checks 5/6
Daiei Kankyo has a total shareholder equity of ¥88.0B and total debt of ¥61.1B, which brings its debt-to-equity ratio to 69.4%. Its total assets and total liabilities are ¥172.8B and ¥84.8B respectively. Daiei Kankyo's EBIT is ¥19.7B making its interest coverage ratio 339.9. It has cash and short-term investments of ¥51.0B.
Key information
69.4%
Debt to equity ratio
JP¥61.07b
Debt
Interest coverage ratio | 339.9x |
Cash | JP¥51.05b |
Equity | JP¥88.01b |
Total liabilities | JP¥84.79b |
Total assets | JP¥172.80b |
Recent financial health updates
Recent updates
A Look At The Intrinsic Value Of Daiei Kankyo Co., Ltd. (TSE:9336)
Jul 12Returns On Capital Are Showing Encouraging Signs At Daiei Kankyo (TSE:9336)
May 29Should You Be Adding Daiei Kankyo (TSE:9336) To Your Watchlist Today?
Apr 11Daiei 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 (¥66.6B) exceed its short term liabilities (¥29.6B).
Long Term Liabilities: 9336's short term assets (¥66.6B) exceed its long term liabilities (¥55.2B).
Debt to Equity History and Analysis
Debt Level: 9336's net debt to equity ratio (11.4%) 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 (35.5%).
Interest Coverage: 9336's interest payments on its debt are well covered by EBIT (339.9x coverage).