Daiei Kankyo Balance Sheet Health
Financial Health criteria checks 5/6
Daiei Kankyo has a total shareholder equity of ¥86.9B and total debt of ¥57.2B, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are ¥162.0B and ¥75.2B respectively. Daiei Kankyo's EBIT is ¥20.1B making its interest coverage ratio 90.8. It has cash and short-term investments of ¥39.1B.
Key information
65.9%
Debt to equity ratio
JP¥57.20b
Debt
| Interest coverage ratio | 90.8x |
| Cash | JP¥39.08b |
| Equity | JP¥86.86b |
| Total liabilities | JP¥75.15b |
| Total assets | JP¥162.01b |
Recent financial health updates
These 4 Measures Indicate That Daiei Kankyo (TSE:9336) Is Using Debt Reasonably Well
Jul 27
We Think Daiei Kankyo (TSE:9336) Can Stay On Top Of Its Debt
Mar 19Recent updates
Calculating The Fair Value Of Daiei Kankyo Co., Ltd. (TSE:9336)
Oct 11The Return Trends At Daiei Kankyo (TSE:9336) Look Promising
Aug 30Earnings Not Telling The Story For Daiei Kankyo Co., Ltd. (TSE:9336)
Aug 12These 4 Measures Indicate That Daiei Kankyo (TSE:9336) Is Using Debt Reasonably Well
Jul 27A 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 (¥53.7B) exceed its short term liabilities (¥23.5B).
Long Term Liabilities: 9336's short term assets (¥53.7B) exceed its long term liabilities (¥51.6B).
Debt to Equity History and Analysis
Debt Level: 9336's net debt to equity ratio (20.9%) 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 (37.9%).
Interest Coverage: 9336's interest payments on its debt are well covered by EBIT (90.8x coverage).