Digital Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Digital Holdings has a total shareholder equity of ¥34.4B and total debt of ¥4.1B, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are ¥48.1B and ¥13.7B respectively. Digital Holdings's EBIT is ¥1.8B making its interest coverage ratio -3.4. It has cash and short-term investments of ¥19.8B.
Key information
11.9%
Debt to equity ratio
JP¥4.08b
Debt
| Interest coverage ratio | -3.4x |
| Cash | JP¥19.84b |
| Equity | JP¥34.40b |
| Total liabilities | JP¥13.73b |
| Total assets | JP¥48.13b |
Recent financial health updates
No updates
Recent updates
We Think Digital Holdings' (TSE:2389) Profit Is Only A Baseline For What They Can Achieve
Nov 13
Digital Holdings, Inc.'s (TSE:2389) 26% Price Boost Is Out Of Tune With Revenues
Nov 11What Does Digital Holdings, Inc.'s (TSE:2389) Share Price Indicate?
Nov 07Digital Holdings, Inc.'s (TSE:2389) Shares May Have Run Too Fast Too Soon
Aug 06Financial Position Analysis
Short Term Liabilities: 2389's short term assets (¥36.8B) exceed its short term liabilities (¥8.8B).
Long Term Liabilities: 2389's short term assets (¥36.8B) exceed its long term liabilities (¥4.9B).
Debt to Equity History and Analysis
Debt Level: 2389 has more cash than its total debt.
Reducing Debt: 2389's debt to equity ratio has reduced from 29.2% to 11.9% over the past 5 years.
Debt Coverage: 2389's debt is well covered by operating cash flow (131.1%).
Interest Coverage: 2389 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 | 2024/12/26 08:36 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
Digital Holdings, Inc. is covered by 5 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 |
|---|---|
| Hideki Takoh | Citigroup Inc |
| Taro Ishihara | Daiwa Securities Co. Ltd. |
| Hiroshi Naya | Ichiyoshi Research Institute Inc. |