DIC Balance Sheet Health
Financial Health criteria checks 3/6
DIC has a total shareholder equity of ¥398.5B and total debt of ¥532.5B, which brings its debt-to-equity ratio to 133.6%. Its total assets and total liabilities are ¥1,270.4B and ¥871.9B respectively. DIC's EBIT is ¥20.4B making its interest coverage ratio 4. It has cash and short-term investments of ¥106.3B.
Key information
133.6%
Debt to equity ratio
JP¥532.45b
Debt
| Interest coverage ratio | 4x |
| Cash | JP¥106.26b |
| Equity | JP¥398.49b |
| Total liabilities | JP¥871.92b |
| Total assets | JP¥1.27t |
Recent financial health updates
Recent updates
DIC (TSE:4631) Use Of Debt Could Be Considered Risky
Jul 15
DIC's (TSE:4631) Dividend Will Be ¥50.00
Jun 24DIC Corporation's (TSE:4631) Share Price Could Signal Some Risk
Jun 21DIC (TSE:4631) Has Affirmed Its Dividend Of ¥50.00
May 22DIC (TSE:4631) Will Pay A Dividend Of ¥50.00
Apr 26DIC (TSE:4631) Will Pay A Dividend Of ¥50.00
Apr 11Here's What's Concerning About DIC's (TSE:4631) Returns On Capital
Apr 02Financial Position Analysis
Short Term Liabilities: 4631's short term assets (¥654.3B) exceed its short term liabilities (¥363.4B).
Long Term Liabilities: 4631's short term assets (¥654.3B) exceed its long term liabilities (¥508.5B).
Debt to Equity History and Analysis
Debt Level: 4631's net debt to equity ratio (107%) is considered high.
Reducing Debt: 4631's debt to equity ratio has increased from 98.2% to 133.6% over the past 5 years.
Debt Coverage: 4631's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: 4631's interest payments on its debt are well covered by EBIT (4x coverage).