Daikokuya HoldingsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Daikokuya HoldingsLtd has a total shareholder equity of ¥645.0M and total debt of ¥4.9B, which brings its debt-to-equity ratio to 764.3%. Its total assets and total liabilities are ¥6.5B and ¥5.8B respectively.
Key information
764.3%
Debt to equity ratio
JP¥4.93b
Debt
Interest coverage ratio | n/a |
Cash | JP¥606.00m |
Equity | JP¥645.00m |
Total liabilities | JP¥5.81b |
Total assets | JP¥6.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6993's short term assets (¥5.1B) exceed its short term liabilities (¥4.8B).
Long Term Liabilities: 6993's short term assets (¥5.1B) exceed its long term liabilities (¥1.0B).
Debt to Equity History and Analysis
Debt Level: 6993's net debt to equity ratio (670.4%) is considered high.
Reducing Debt: 6993's debt to equity ratio has increased from 154.1% to 764.3% 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 3 years based on its current free cash flow.
Forecast Cash Runway: 6993 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 14.3% each year