Dynic Balance Sheet Health
Financial Health criteria checks 4/6
Dynic has a total shareholder equity of ¥24.7B and total debt of ¥19.7B, which brings its debt-to-equity ratio to 79.9%. Its total assets and total liabilities are ¥60.0B and ¥35.3B respectively. Dynic's EBIT is ¥1.2B making its interest coverage ratio 12.6. It has cash and short-term investments of ¥4.7B.
Key information
79.9%
Debt to equity ratio
JP¥19.70b
Debt
Interest coverage ratio | 12.6x |
Cash | JP¥4.67b |
Equity | JP¥24.67b |
Total liabilities | JP¥35.30b |
Total assets | JP¥59.97b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3551's short term assets (¥27.8B) exceed its short term liabilities (¥24.3B).
Long Term Liabilities: 3551's short term assets (¥27.8B) exceed its long term liabilities (¥11.0B).
Debt to Equity History and Analysis
Debt Level: 3551's net debt to equity ratio (60.9%) is considered high.
Reducing Debt: 3551's debt to equity ratio has reduced from 92.6% to 79.9% over the past 5 years.
Debt Coverage: 3551's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: 3551's interest payments on its debt are well covered by EBIT (12.6x coverage).