DM SolutionsLtd Balance Sheet Health
Financial Health criteria checks 6/6
DM SolutionsLtd has a total shareholder equity of ¥2.9B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 74.2%. Its total assets and total liabilities are ¥7.1B and ¥4.2B respectively. DM SolutionsLtd's EBIT is ¥569.0M making its interest coverage ratio 51.7. It has cash and short-term investments of ¥1.3B.
Key information
74.2%
Debt to equity ratio
JP¥2.16b
Debt
Interest coverage ratio | 51.7x |
Cash | JP¥1.29b |
Equity | JP¥2.91b |
Total liabilities | JP¥4.23b |
Total assets | JP¥7.14b |
Financial Position Analysis
Short Term Liabilities: 6549's short term assets (¥3.9B) exceed its short term liabilities (¥2.4B).
Long Term Liabilities: 6549's short term assets (¥3.9B) exceed its long term liabilities (¥1.8B).
Debt to Equity History and Analysis
Debt Level: 6549's net debt to equity ratio (29.8%) is considered satisfactory.
Reducing Debt: 6549's debt to equity ratio has reduced from 83.5% to 74.2% over the past 5 years.
Debt Coverage: 6549's debt is well covered by operating cash flow (20.4%).
Interest Coverage: 6549's interest payments on its debt are well covered by EBIT (51.7x coverage).