Daio Paper Balance Sheet Health
Financial Health criteria checks 2/6
Daio Paper has a total shareholder equity of ¥258.9B and total debt of ¥489.3B, which brings its debt-to-equity ratio to 189%. Its total assets and total liabilities are ¥947.1B and ¥688.3B respectively. Daio Paper's EBIT is ¥7.6B making its interest coverage ratio 1.5. It has cash and short-term investments of ¥104.7B.
Key information
189.0%
Debt to equity ratio
JP¥489.27b
Debt
Interest coverage ratio | 1.5x |
Cash | JP¥104.68b |
Equity | JP¥258.86b |
Total liabilities | JP¥688.27b |
Total assets | JP¥947.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3880's short term assets (¥380.4B) exceed its short term liabilities (¥271.0B).
Long Term Liabilities: 3880's short term assets (¥380.4B) do not cover its long term liabilities (¥417.3B).
Debt to Equity History and Analysis
Debt Level: 3880's net debt to equity ratio (148.6%) is considered high.
Reducing Debt: 3880's debt to equity ratio has reduced from 205.8% to 189% over the past 5 years.
Debt Coverage: 3880's debt is not well covered by operating cash flow (2.1%).
Interest Coverage: 3880's interest payments on its debt are not well covered by EBIT (1.5x coverage).