Delica Foods HoldingsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Delica Foods HoldingsLtd has a total shareholder equity of ¥8.4B and total debt of ¥12.8B, which brings its debt-to-equity ratio to 153.1%. Its total assets and total liabilities are ¥27.9B and ¥19.5B respectively. Delica Foods HoldingsLtd's EBIT is ¥916.0M making its interest coverage ratio 27.8. It has cash and short-term investments of ¥4.5B.
Key information
153.1%
Debt to equity ratio
JP¥12.79b
Debt
Interest coverage ratio | 27.8x |
Cash | JP¥4.47b |
Equity | JP¥8.36b |
Total liabilities | JP¥19.52b |
Total assets | JP¥27.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3392's short term assets (¥11.8B) exceed its short term liabilities (¥9.4B).
Long Term Liabilities: 3392's short term assets (¥11.8B) exceed its long term liabilities (¥10.1B).
Debt to Equity History and Analysis
Debt Level: 3392's net debt to equity ratio (99.6%) is considered high.
Reducing Debt: 3392's debt to equity ratio has increased from 89.5% to 153.1% over the past 5 years.
Debt Coverage: 3392's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: 3392's interest payments on its debt are well covered by EBIT (27.8x coverage).