Dai Nippon Toryo Company Balance Sheet Health
Financial Health criteria checks 6/6
Dai Nippon Toryo Company has a total shareholder equity of ¥63.9B and total debt of ¥5.1B, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are ¥101.8B and ¥37.9B respectively. Dai Nippon Toryo Company's EBIT is ¥4.7B making its interest coverage ratio -15.4. It has cash and short-term investments of ¥10.1B.
Key information
8.0%
Debt to equity ratio
JP¥5.10b
Debt
| Interest coverage ratio | -15.4x |
| Cash | JP¥10.10b |
| Equity | JP¥63.88b |
| Total liabilities | JP¥37.93b |
| Total assets | JP¥101.80b |
Recent financial health updates
No updates
Recent updates
Dai Nippon Toryo Company's (TSE:4611) Solid Earnings May Rest On Weak Foundations
Nov 19
Dai Nippon Toryo Company's (TSE:4611) Upcoming Dividend Will Be Larger Than Last Year's
Nov 12It's Down 26% But Dai Nippon Toryo Company, Limited (TSE:4611) Could Be Riskier Than It Looks
Aug 05Concerns Surrounding Dai Nippon Toryo Company's (TSE:4611) Performance
May 21Dai Nippon Toryo Company (TSE:4611) Will Pay A Larger Dividend Than Last Year At ¥30.00
Mar 04Financial Position Analysis
Short Term Liabilities: 4611's short term assets (¥40.5B) exceed its short term liabilities (¥27.0B).
Long Term Liabilities: 4611's short term assets (¥40.5B) exceed its long term liabilities (¥11.0B).
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 reduced from 10.9% to 8% over the past 5 years.
Debt Coverage: 4611's debt is well covered by operating cash flow (88.9%).
Interest Coverage: 4611 earns more interest than it pays, so coverage of interest payments is not a concern.