Dai Nippon Toryo Company Balance Sheet Health
Financial Health criteria checks 5/6
Dai Nippon Toryo Company has a total shareholder equity of ¥58.2B and total debt of ¥7.1B, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are ¥98.0B and ¥39.8B respectively. Dai Nippon Toryo Company's EBIT is ¥4.8B making its interest coverage ratio -20.2. It has cash and short-term investments of ¥7.8B.
Key information
12.2%
Debt to equity ratio
JP¥7.10b
Debt
Interest coverage ratio | -20.2x |
Cash | JP¥7.79b |
Equity | JP¥58.18b |
Total liabilities | JP¥39.84b |
Total assets | JP¥98.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4611's short term assets (¥40.7B) exceed its short term liabilities (¥30.2B).
Long Term Liabilities: 4611's short term assets (¥40.7B) exceed its long term liabilities (¥9.6B).
Debt to Equity History and Analysis
Debt Level: 4611 has more cash than its total debt.
Reducing Debt: 4611's debt to equity ratio has increased from 8.5% to 12.2% over the past 5 years.
Debt Coverage: 4611's debt is well covered by operating cash flow (48.8%).
Interest Coverage: 4611 earns more interest than it pays, so coverage of interest payments is not a concern.