Dainichi Balance Sheet Health
Financial Health criteria checks 6/6
Dainichi has a total shareholder equity of ¥27.5B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥32.6B and ¥5.1B respectively. Dainichi's EBIT is ¥1.0B making its interest coverage ratio -13.4. It has cash and short-term investments of ¥7.9B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -13.4x |
Cash | JP¥7.88b |
Equity | JP¥27.50b |
Total liabilities | JP¥5.12b |
Total assets | JP¥32.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5951's short term assets (¥22.0B) exceed its short term liabilities (¥4.3B).
Long Term Liabilities: 5951's short term assets (¥22.0B) exceed its long term liabilities (¥801.0M).
Debt to Equity History and Analysis
Debt Level: 5951 is debt free.
Reducing Debt: 5951 had no debt 5 years ago.
Debt Coverage: 5951 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 5951 has no debt, therefore coverage of interest payments is not a concern.