Daiichi Kigenso Kagaku Kogyo Balance Sheet Health
Financial Health criteria checks 3/6
Daiichi Kigenso Kagaku Kogyo has a total shareholder equity of ¥38.7B and total debt of ¥24.4B, which brings its debt-to-equity ratio to 63.1%. Its total assets and total liabilities are ¥68.3B and ¥29.6B respectively. Daiichi Kigenso Kagaku Kogyo's EBIT is ¥2.7B making its interest coverage ratio 6.1. It has cash and short-term investments of ¥8.3B.
Key information
63.1%
Debt to equity ratio
JP¥24.43b
Debt
| Interest coverage ratio | 6.1x |
| Cash | JP¥8.34b |
| Equity | JP¥38.70b |
| Total liabilities | JP¥29.57b |
| Total assets | JP¥68.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4082's short term assets (¥34.9B) exceed its short term liabilities (¥12.2B).
Long Term Liabilities: 4082's short term assets (¥34.9B) exceed its long term liabilities (¥17.4B).
Debt to Equity History and Analysis
Debt Level: 4082's net debt to equity ratio (41.6%) is considered high.
Reducing Debt: 4082's debt to equity ratio has increased from 58.2% to 63.1% over the past 5 years.
Debt Coverage: 4082's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: 4082's interest payments on its debt are well covered by EBIT (6.1x coverage).