DaireiLtd Balance Sheet Health
Financial Health criteria checks 5/6
DaireiLtd has a total shareholder equity of ¥9.6B and total debt of ¥810.0M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are ¥14.0B and ¥4.4B respectively. DaireiLtd's EBIT is ¥1.1B making its interest coverage ratio 1121. It has cash and short-term investments of ¥1.9B.
Key information
8.5%
Debt to equity ratio
JP¥810.00m
Debt
Interest coverage ratio | 1121x |
Cash | JP¥1.91b |
Equity | JP¥9.57b |
Total liabilities | JP¥4.41b |
Total assets | JP¥13.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2883's short term assets (¥12.7B) exceed its short term liabilities (¥4.0B).
Long Term Liabilities: 2883's short term assets (¥12.7B) exceed its long term liabilities (¥399.0M).
Debt to Equity History and Analysis
Debt Level: 2883 has more cash than its total debt.
Reducing Debt: 2883's debt to equity ratio has increased from 0% to 8.5% over the past 5 years.
Debt Coverage: 2883's debt is well covered by operating cash flow (213.1%).
Interest Coverage: 2883's interest payments on its debt are well covered by EBIT (1121x coverage).