Delica Foods Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Delica Foods Holdings has a total shareholder equity of ¥8.5B and total debt of ¥12.6B, which brings its debt-to-equity ratio to 148.8%. Its total assets and total liabilities are ¥27.7B and ¥19.2B respectively. Delica Foods Holdings's EBIT is ¥693.0M making its interest coverage ratio 12.2. It has cash and short-term investments of ¥5.5B.
Key information
148.8%
Debt to equity ratio
JP¥12.60b
Debt
| Interest coverage ratio | 12.2x |
| Cash | JP¥5.47b |
| Equity | JP¥8.46b |
| Total liabilities | JP¥19.24b |
| Total assets | JP¥27.70b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3392's short term assets (¥11.7B) exceed its short term liabilities (¥9.7B).
Long Term Liabilities: 3392's short term assets (¥11.7B) exceed its long term liabilities (¥9.6B).
Debt to Equity History and Analysis
Debt Level: 3392's net debt to equity ratio (84.3%) is considered high.
Reducing Debt: 3392's debt to equity ratio has increased from 109.2% to 148.8% over the past 5 years.
Debt Coverage: 3392's debt is well covered by operating cash flow (30.5%).
Interest Coverage: 3392's interest payments on its debt are well covered by EBIT (12.2x coverage).