Daito Trust ConstructionLtd Balance Sheet Health
Financial Health criteria checks 6/6
Daito Trust ConstructionLtd has a total shareholder equity of ¥449.4B and total debt of ¥73.0B, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are ¥1,112.2B and ¥662.8B respectively. Daito Trust ConstructionLtd's EBIT is ¥124.0B making its interest coverage ratio -165.5. It has cash and short-term investments of ¥262.2B.
Key information
16.2%
Debt to equity ratio
JP¥73.02b
Debt
Interest coverage ratio | -165.5x |
Cash | JP¥262.20b |
Equity | JP¥449.41b |
Total liabilities | JP¥662.82b |
Total assets | JP¥1.11t |
Recent financial health updates
Recent updates
Estimating The Fair Value Of Daito Trust Construction Co.,Ltd. (TSE:1878)
Nov 20Investors Appear Satisfied With Daito Trust Construction Co.,Ltd.'s (TSE:1878) Prospects
Sep 08Daito Trust ConstructionLtd (TSE:1878) Will Pay A Dividend Of ¥287.00
Aug 21Daito Trust Construction Co.,Ltd.'s (TSE:1878) Intrinsic Value Is Potentially 58% Above Its Share Price
Aug 20Daito Trust ConstructionLtd (TSE:1878) Is Due To Pay A Dividend Of ¥287.00
Jul 26Daito Trust ConstructionLtd (TSE:1878) Has Announced A Dividend Of ¥287.00
Jul 11We Think Daito Trust ConstructionLtd (TSE:1878) Can Stay On Top Of Its Debt
Jul 01Here's What Analysts Are Forecasting For Daito Trust Construction Co.,Ltd. (TSE:1878) After Its Full-Year Results
May 05Are Investors Undervaluing Daito Trust Construction Co.,Ltd. (TSE:1878) By 46%?
May 02Daito Trust ConstructionLtd's (TSE:1878) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 28Daito Trust Construction Co.,Ltd.'s (TSE:1878) P/E Is On The Mark
Mar 19Daito Trust ConstructionLtd's (TSE:1878) Dividend Will Be Increased To ¥268.00
Feb 26Financial Position Analysis
Short Term Liabilities: 1878's short term assets (¥646.7B) exceed its short term liabilities (¥360.2B).
Long Term Liabilities: 1878's short term assets (¥646.7B) exceed its long term liabilities (¥302.6B).
Debt to Equity History and Analysis
Debt Level: 1878 has more cash than its total debt.
Reducing Debt: 1878's debt to equity ratio has reduced from 31.4% to 16.2% over the past 5 years.
Debt Coverage: 1878's debt is well covered by operating cash flow (160.8%).
Interest Coverage: 1878 earns more interest than it pays, so coverage of interest payments is not a concern.