Daiichi Kigenso Kagaku Kogyo Balance Sheet Health
Financial Health criteria checks 4/6
Daiichi Kigenso Kagaku Kogyo has a total shareholder equity of ¥38.0B and total debt of ¥25.1B, which brings its debt-to-equity ratio to 66.1%. Its total assets and total liabilities are ¥68.1B and ¥30.0B respectively. Daiichi Kigenso Kagaku Kogyo's EBIT is ¥2.8B making its interest coverage ratio 8.8. It has cash and short-term investments of ¥9.1B.
Key information
66.1%
Debt to equity ratio
JP¥25.13b
Debt
Interest coverage ratio | 8.8x |
Cash | JP¥9.08b |
Equity | JP¥38.02b |
Total liabilities | JP¥30.03b |
Total assets | JP¥68.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4082's short term assets (¥34.2B) exceed its short term liabilities (¥10.0B).
Long Term Liabilities: 4082's short term assets (¥34.2B) exceed its long term liabilities (¥20.1B).
Debt to Equity History and Analysis
Debt Level: 4082's net debt to equity ratio (42.2%) is considered high.
Reducing Debt: 4082's debt to equity ratio has increased from 48.5% to 66.1% over the past 5 years.
Debt Coverage: 4082's debt is well covered by operating cash flow (24.6%).
Interest Coverage: 4082's interest payments on its debt are well covered by EBIT (8.8x coverage).