DrecomLtd Balance Sheet Health
Financial Health criteria checks 5/6
DrecomLtd has a total shareholder equity of ¥5.5B and total debt of ¥6.0B, which brings its debt-to-equity ratio to 108.9%. Its total assets and total liabilities are ¥13.8B and ¥8.2B respectively. DrecomLtd's EBIT is ¥826.0M making its interest coverage ratio 16.2. It has cash and short-term investments of ¥5.1B.
Key information
108.9%
Debt to equity ratio
JP¥6.04b
Debt
| Interest coverage ratio | 16.2x |
| Cash | JP¥5.08b |
| Equity | JP¥5.54b |
| Total liabilities | JP¥8.24b |
| Total assets | JP¥13.78b |
Recent financial health updates
Recent updates
Here's Why DrecomLtd (TSE:3793) Has A Meaningful Debt Burden
Sep 09
Drecom Co.,Ltd.'s (TSE:3793) P/E Is Still On The Mark Following 31% Share Price Bounce
Aug 21Drecom Co.,Ltd.'s (TSE:3793) Share Price Is Still Matching Investor Opinion Despite 26% Slump
May 08Returns On Capital Are Showing Encouraging Signs At DrecomLtd (TSE:3793)
May 07Drecom Co.,Ltd. (TSE:3793) Stocks Shoot Up 32% But Its P/S Still Looks Reasonable
Feb 27Financial Position Analysis
Short Term Liabilities: 3793's short term assets (¥7.5B) exceed its short term liabilities (¥3.7B).
Long Term Liabilities: 3793's short term assets (¥7.5B) exceed its long term liabilities (¥4.5B).
Debt to Equity History and Analysis
Debt Level: 3793's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: 3793's debt to equity ratio has reduced from 200.5% to 108.9% over the past 5 years.
Debt Coverage: 3793's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3793's interest payments on its debt are well covered by EBIT (16.2x coverage).