Daiichi CommoditiesLtd Balance Sheet Health
Financial Health criteria checks 6/6
Daiichi CommoditiesLtd has a total shareholder equity of ¥5.4B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥5.5B and ¥118.0M respectively.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | n/a |
Cash | JP¥3.17b |
Equity | JP¥5.37b |
Total liabilities | JP¥118.00m |
Total assets | JP¥5.49b |
Financial Position Analysis
Short Term Liabilities: 8746's short term assets (¥4.1B) exceed its short term liabilities (¥79.0M).
Long Term Liabilities: 8746's short term assets (¥4.1B) exceed its long term liabilities (¥39.0M).
Debt to Equity History and Analysis
Debt Level: 8746 is debt free.
Reducing Debt: 8746 had no debt 5 years ago.
Debt Coverage: 8746 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8746 has no debt, therefore coverage of interest payments is not a concern.