Dowa Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Dowa Holdings has a total shareholder equity of ¥396.9B and total debt of ¥72.8B, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are ¥664.8B and ¥267.9B respectively. Dowa Holdings's EBIT is ¥34.4B making its interest coverage ratio -33.8. It has cash and short-term investments of ¥56.4B.
Key information
18.4%
Debt to equity ratio
JP¥72.85b
Debt
Interest coverage ratio | -33.8x |
Cash | JP¥56.39b |
Equity | JP¥396.85b |
Total liabilities | JP¥267.92b |
Total assets | JP¥664.78b |
Financial Position Analysis
Short Term Liabilities: 5714's short term assets (¥366.5B) exceed its short term liabilities (¥202.8B).
Long Term Liabilities: 5714's short term assets (¥366.5B) exceed its long term liabilities (¥65.2B).
Debt to Equity History and Analysis
Debt Level: 5714's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: 5714's debt to equity ratio has reduced from 56.7% to 18.4% over the past 5 years.
Debt Coverage: 5714's debt is well covered by operating cash flow (162.9%).
Interest Coverage: 5714 earns more interest than it pays, so coverage of interest payments is not a concern.