Dowa Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Dowa Holdings has a total shareholder equity of ¥408.1B and total debt of ¥69.0B, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are ¥664.4B and ¥256.3B respectively. Dowa Holdings's EBIT is ¥37.2B making its interest coverage ratio -41.5. It has cash and short-term investments of ¥43.3B.
Key information
16.9%
Debt to equity ratio
JP¥68.96b
Debt
| Interest coverage ratio | -41.5x |
| Cash | JP¥43.35b |
| Equity | JP¥408.09b |
| Total liabilities | JP¥256.31b |
| Total assets | JP¥664.40b |
Recent financial health updates
Recent updates
Dowa Holdings Co., Ltd.'s (TSE:5714) Shares Lagging The Market But So Is The Business
Oct 18
Is Dowa Holdings (TSE:5714) Using Too Much Debt?
Sep 04Returns On Capital At Dowa Holdings (TSE:5714) Have Stalled
Aug 01Dowa Holdings (TSE:5714) Is Posting Promising Earnings But The Good News Doesn’t Stop There
May 21Dowa Holdings (TSE:5714) Has More To Do To Multiply In Value Going Forward
Apr 30Financial Position Analysis
Short Term Liabilities: 5714's short term assets (¥364.4B) exceed its short term liabilities (¥193.5B).
Long Term Liabilities: 5714's short term assets (¥364.4B) exceed its long term liabilities (¥62.8B).
Debt to Equity History and Analysis
Debt Level: 5714's net debt to equity ratio (6.3%) is considered satisfactory.
Reducing Debt: 5714's debt to equity ratio has reduced from 58.6% to 16.9% over the past 5 years.
Debt Coverage: 5714's debt is well covered by operating cash flow (32.6%).
Interest Coverage: 5714 earns more interest than it pays, so coverage of interest payments is not a concern.