Delica Foods Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Delica Foods Holdings has a total shareholder equity of ¥8.5B and total debt of ¥13.0B, which brings its debt-to-equity ratio to 153.1%. Its total assets and total liabilities are ¥27.9B and ¥19.4B respectively. Delica Foods Holdings's EBIT is ¥868.0M making its interest coverage ratio 17.7. It has cash and short-term investments of ¥5.0B.
Key information
153.1%
Debt to equity ratio
JP¥13.01b
Debt
| Interest coverage ratio | 17.7x |
| Cash | JP¥5.00b |
| Equity | JP¥8.50b |
| Total liabilities | JP¥19.37b |
| Total assets | JP¥27.86b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3392's short term assets (¥11.7B) exceed its short term liabilities (¥9.4B).
Long Term Liabilities: 3392's short term assets (¥11.7B) exceed its long term liabilities (¥9.9B).
Debt to Equity History and Analysis
Debt Level: 3392's net debt to equity ratio (94.3%) is considered high.
Reducing Debt: 3392's debt to equity ratio has increased from 104.4% to 153.1% over the past 5 years.
Debt Coverage: 3392's debt is not well covered by operating cash flow (13%).
Interest Coverage: 3392's interest payments on its debt are well covered by EBIT (17.7x coverage).