Daiwa Heavy Industry Balance Sheet Health
Financial Health criteria checks 3/6
Daiwa Heavy Industry has a total shareholder equity of ¥2.8B and total debt of ¥1.6B, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are ¥6.4B and ¥3.6B respectively.
Key information
57.4%
Debt to equity ratio
JP¥1.62b
Debt
Interest coverage ratio | n/a |
Cash | JP¥1.25b |
Equity | JP¥2.82b |
Total liabilities | JP¥3.61b |
Total assets | JP¥6.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5610's short term assets (¥3.6B) exceed its short term liabilities (¥2.7B).
Long Term Liabilities: 5610's short term assets (¥3.6B) exceed its long term liabilities (¥946.0M).
Debt to Equity History and Analysis
Debt Level: 5610's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: 5610's debt to equity ratio has increased from 54.9% to 57.4% over the past 5 years.
Debt Coverage: 5610's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: Insufficient data to determine if 5610's interest payments on its debt are well covered by EBIT.