DD GROUP Balance Sheet Health
Financial Health criteria checks 3/6
DD GROUP has a total shareholder equity of ¥9.7B and total debt of ¥18.9B, which brings its debt-to-equity ratio to 193.6%. Its total assets and total liabilities are ¥34.3B and ¥24.6B respectively. DD GROUP's EBIT is ¥3.2B making its interest coverage ratio 23.7. It has cash and short-term investments of ¥10.6B.
Key information
193.6%
Debt to equity ratio
JP¥18.85b
Debt
Interest coverage ratio | 23.7x |
Cash | JP¥10.59b |
Equity | JP¥9.74b |
Total liabilities | JP¥24.56b |
Total assets | JP¥34.29b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3073's short term assets (¥13.5B) do not cover its short term liabilities (¥17.7B).
Long Term Liabilities: 3073's short term assets (¥13.5B) exceed its long term liabilities (¥6.9B).
Debt to Equity History and Analysis
Debt Level: 3073's net debt to equity ratio (84.9%) is considered high.
Reducing Debt: 3073's debt to equity ratio has reduced from 209.3% to 193.6% over the past 5 years.
Debt Coverage: 3073's debt is not well covered by operating cash flow (18%).
Interest Coverage: 3073's interest payments on its debt are well covered by EBIT (23.7x coverage).