Denka Balance Sheet Health
Financial Health criteria checks 3/6
Denka has a total shareholder equity of ¥332.7B and total debt of ¥203.5B, which brings its debt-to-equity ratio to 61.2%. Its total assets and total liabilities are ¥650.1B and ¥317.3B respectively. Denka's EBIT is ¥12.2B making its interest coverage ratio 30.9. It has cash and short-term investments of ¥38.5B.
Key information
61.2%
Debt to equity ratio
JP¥203.52b
Debt
| Interest coverage ratio | 30.9x |
| Cash | JP¥38.47b |
| Equity | JP¥332.74b |
| Total liabilities | JP¥317.35b |
| Total assets | JP¥650.09b |
Recent financial health updates
Recent updates
Denka's (TSE:4061) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 19
Fewer Investors Than Expected Jumping On Denka Company Limited (TSE:4061)
Nov 08Calculating The Intrinsic Value Of Denka Company Limited (TSE:4061)
Aug 20Weak Statutory Earnings May Not Tell The Whole Story For Denka (TSE:4061)
May 21Here's Why Denka (TSE:4061) Is Weighed Down By Its Debt Load
Mar 06Financial Position Analysis
Short Term Liabilities: 4061's short term assets (¥279.2B) exceed its short term liabilities (¥202.8B).
Long Term Liabilities: 4061's short term assets (¥279.2B) exceed its long term liabilities (¥114.6B).
Debt to Equity History and Analysis
Debt Level: 4061's net debt to equity ratio (49.6%) is considered high.
Reducing Debt: 4061's debt to equity ratio has increased from 49.2% to 61.2% over the past 5 years.
Debt Coverage: 4061's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: 4061's interest payments on its debt are well covered by EBIT (30.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 11:07 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Denka Company Limited is covered by 18 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Takashi Enomoto | BofA Global Research |
| Atsushi Ikeda | Citigroup Global Markets Japan Inc. |
| Atsushi Ikeda | Citigroup Inc |