Daiki Aluminium Industry Balance Sheet Health
Financial Health criteria checks 4/6
Daiki Aluminium Industry has a total shareholder equity of ¥74.8B and total debt of ¥64.3B, which brings its debt-to-equity ratio to 86%. Its total assets and total liabilities are ¥160.3B and ¥85.5B respectively. Daiki Aluminium Industry's EBIT is ¥4.5B making its interest coverage ratio 4.1. It has cash and short-term investments of ¥8.8B.
Key information
86.0%
Debt to equity ratio
JP¥64.33b
Debt
| Interest coverage ratio | 4.1x |
| Cash | JP¥8.84b |
| Equity | JP¥74.76b |
| Total liabilities | JP¥85.51b |
| Total assets | JP¥160.27b |
Recent financial health updates
No updates
Recent updates
Daiki Aluminium Industry's (TSE:5702) Upcoming Dividend Will Be Larger Than Last Year's
Dec 06
Daiki Aluminium Industry's (TSE:5702) Dividend Will Be ¥25.00
Jul 26Daiki Aluminium Industry's (TSE:5702) Dividend Will Be ¥25.00
Jul 12Earnings Troubles May Signal Larger Issues for Daiki Aluminium Industry (TSE:5702) Shareholders
May 22Daiki Aluminium Industry (TSE:5702) Has Announced That Its Dividend Will Be Reduced To ¥20.00
Mar 03Financial Position Analysis
Short Term Liabilities: 5702's short term assets (¥125.1B) exceed its short term liabilities (¥74.1B).
Long Term Liabilities: 5702's short term assets (¥125.1B) exceed its long term liabilities (¥11.4B).
Debt to Equity History and Analysis
Debt Level: 5702's net debt to equity ratio (74.2%) is considered high.
Reducing Debt: 5702's debt to equity ratio has reduced from 96.3% to 86% over the past 5 years.
Debt Coverage: 5702's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 5702's interest payments on its debt are well covered by EBIT (4.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 00:58 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| 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 here.
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 .
Analyst Sources
Daiki Aluminium Industry Co., Ltd. is covered by 1 analysts. 0 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 |
|---|---|
| null null | Company Forecast |