Daiken Medical Balance Sheet Health
Financial Health criteria checks 6/6
Daiken Medical has a total shareholder equity of ¥7.3B and total debt of ¥2.5B, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are ¥11.4B and ¥4.1B respectively. Daiken Medical's EBIT is ¥1.5B making its interest coverage ratio 307. It has cash and short-term investments of ¥3.2B.
Key information
33.8%
Debt to equity ratio
JP¥2.46b
Debt
| Interest coverage ratio | 307x |
| Cash | JP¥3.16b |
| Equity | JP¥7.29b |
| Total liabilities | JP¥4.10b |
| Total assets | JP¥11.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7775's short term assets (¥7.2B) exceed its short term liabilities (¥3.0B).
Long Term Liabilities: 7775's short term assets (¥7.2B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 7775 has more cash than its total debt.
Reducing Debt: 7775's debt to equity ratio has reduced from 55.1% to 33.8% over the past 5 years.
Debt Coverage: 7775's debt is well covered by operating cash flow (57.9%).
Interest Coverage: 7775's interest payments on its debt are well covered by EBIT (307x coverage).