Denka Balance Sheet Health

Financial Health criteria checks 3/6

Denka has a total shareholder equity of ¥323.5B and total debt of ¥183.7B, which brings its debt-to-equity ratio to 56.8%. Its total assets and total liabilities are ¥632.7B and ¥309.3B respectively. Denka's EBIT is ¥15.3B making its interest coverage ratio 38.1. It has cash and short-term investments of ¥38.9B.

Key information

56.8%

Debt to equity ratio

JP¥183.70b

Debt

Interest coverage ratio38.1x
CashJP¥38.86b
EquityJP¥323.49b
Total liabilitiesJP¥309.26b
Total assetsJP¥632.75b

Recent financial health updates

Recent updates

Calculating The Intrinsic Value Of Denka Company Limited (TSE:4061)

Aug 20
Calculating The Intrinsic Value Of Denka Company Limited (TSE:4061)

Weak Statutory Earnings May Not Tell The Whole Story For Denka (TSE:4061)

May 21
Weak Statutory Earnings May Not Tell The Whole Story For Denka (TSE:4061)

Here's Why Denka (TSE:4061) Is Weighed Down By Its Debt Load

Mar 06
Here's Why Denka (TSE:4061) Is Weighed Down By Its Debt Load

Financial Position Analysis

Short Term Liabilities: 4061's short term assets (¥272.5B) exceed its short term liabilities (¥194.2B).

Long Term Liabilities: 4061's short term assets (¥272.5B) exceed its long term liabilities (¥115.0B).


Debt to Equity History and Analysis

Debt Level: 4061's net debt to equity ratio (44.8%) is considered high.

Reducing Debt: 4061's debt to equity ratio has increased from 46.5% to 56.8% over the past 5 years.

Debt Coverage: 4061's debt is not well covered by operating cash flow (19.7%).

Interest Coverage: 4061's interest payments on its debt are well covered by EBIT (38.1x coverage).


Balance Sheet


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