Daisyo Balance Sheet Health
Financial Health criteria checks 3/6
Daisyo has a total shareholder equity of ¥10.0B and total debt of ¥12.4B, which brings its debt-to-equity ratio to 123.2%. Its total assets and total liabilities are ¥31.2B and ¥21.2B respectively. Daisyo's EBIT is ¥832.0M making its interest coverage ratio 12.4. It has cash and short-term investments of ¥7.7B.
Key information
123.2%
Debt to equity ratio
JP¥12.38b
Debt
Interest coverage ratio | 12.4x |
Cash | JP¥7.73b |
Equity | JP¥10.05b |
Total liabilities | JP¥21.16b |
Total assets | JP¥31.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9979's short term assets (¥12.2B) exceed its short term liabilities (¥11.9B).
Long Term Liabilities: 9979's short term assets (¥12.2B) exceed its long term liabilities (¥9.2B).
Debt to Equity History and Analysis
Debt Level: 9979's net debt to equity ratio (46.3%) is considered high.
Reducing Debt: 9979's debt to equity ratio has increased from 48.1% to 123.2% over the past 5 years.
Debt Coverage: 9979's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 9979's interest payments on its debt are well covered by EBIT (12.4x coverage).