Daido Steel Balance Sheet Health
Financial Health criteria checks 6/6
Daido Steel has a total shareholder equity of ¥467.1B and total debt of ¥211.4B, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are ¥820.7B and ¥353.6B respectively. Daido Steel's EBIT is ¥32.6B making its interest coverage ratio -15.1. It has cash and short-term investments of ¥51.4B.
Key information
45.2%
Debt to equity ratio
JP¥211.35b
Debt
| Interest coverage ratio | -15.1x |
| Cash | JP¥51.41b |
| Equity | JP¥467.11b |
| Total liabilities | JP¥353.56b |
| Total assets | JP¥820.67b |
Recent financial health updates
Recent updates
Daido Steel's (TSE:5471) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 26
Is Now The Time To Put Daido Steel (TSE:5471) On Your Watchlist?
Nov 26Earnings Working Against Daido Steel Co., Ltd.'s (TSE:5471) Share Price
Oct 22Returns On Capital At Daido Steel (TSE:5471) Have Hit The Brakes
Aug 19An Intrinsic Calculation For Daido Steel Co., Ltd. (TSE:5471) Suggests It's 33% Undervalued
Jul 15Is Daido Steel (TSE:5471) A Risky Investment?
Jun 27Solid Earnings May Not Tell The Whole Story For Daido Steel (TSE:5471)
May 21Daido Steel (TSE:5471) Hasn't Managed To Accelerate Its Returns
Apr 23Daido Steel Co., Ltd.'s (TSE:5471) Business And Shares Still Trailing The Market
Apr 08Estimating The Intrinsic Value Of Daido Steel Co., Ltd. (TSE:5471)
Feb 29Financial Position Analysis
Short Term Liabilities: 5471's short term assets (¥459.0B) exceed its short term liabilities (¥207.5B).
Long Term Liabilities: 5471's short term assets (¥459.0B) exceed its long term liabilities (¥146.0B).
Debt to Equity History and Analysis
Debt Level: 5471's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: 5471's debt to equity ratio has reduced from 57.1% to 45.2% over the past 5 years.
Debt Coverage: 5471's debt is well covered by operating cash flow (21.9%).
Interest Coverage: 5471 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/21 14:30 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Daido Steel Co., Ltd. is covered by 17 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Takashi Enomoto | BofA Global Research |
| Toshiyuki Johno | Citigroup Global Markets Japan Inc. |
| Minami Munakata | Citigroup Inc |