Daikokuya HoldingsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Daikokuya HoldingsLtd has a total shareholder equity of ¥1.2B and total debt of ¥4.6B, which brings its debt-to-equity ratio to 381.1%. Its total assets and total liabilities are ¥6.6B and ¥5.3B respectively.
Key information
381.1%
Debt to equity ratio
JP¥4.60b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥948.00m |
| Equity | JP¥1.21b |
| Total liabilities | JP¥5.35b |
| Total assets | JP¥6.55b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6993's short term assets (¥5.2B) exceed its short term liabilities (¥4.5B).
Long Term Liabilities: 6993's short term assets (¥5.2B) exceed its long term liabilities (¥797.0M).
Debt to Equity History and Analysis
Debt Level: 6993's net debt to equity ratio (302.6%) is considered high.
Reducing Debt: 6993's debt to equity ratio has increased from 207.8% to 381.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 6993 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 6993 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18% each year