Delica Foods Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Delica Foods Holdings has a total shareholder equity of ¥8.8B and total debt of ¥13.4B, which brings its debt-to-equity ratio to 153.2%. Its total assets and total liabilities are ¥28.8B and ¥20.1B respectively. Delica Foods Holdings's EBIT is ¥1.1B making its interest coverage ratio 27.7. It has cash and short-term investments of ¥4.2B.
Key information
153.2%
Debt to equity ratio
JP¥13.41b
Debt
Interest coverage ratio | 27.7x |
Cash | JP¥4.25b |
Equity | JP¥8.75b |
Total liabilities | JP¥20.10b |
Total assets | JP¥28.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3392's short term assets (¥12.5B) exceed its short term liabilities (¥9.7B).
Long Term Liabilities: 3392's short term assets (¥12.5B) exceed its long term liabilities (¥10.4B).
Debt to Equity History and Analysis
Debt Level: 3392's net debt to equity ratio (104.7%) is considered high.
Reducing Debt: 3392's debt to equity ratio has increased from 93.9% to 153.2% over the past 5 years.
Debt Coverage: 3392's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: 3392's interest payments on its debt are well covered by EBIT (27.7x coverage).