Daito Trust ConstructionLtd Balance Sheet Health
Financial Health criteria checks 6/6
Daito Trust ConstructionLtd has a total shareholder equity of ¥405.8B and total debt of ¥79.2B, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are ¥1,080.1B and ¥674.3B respectively. Daito Trust ConstructionLtd's EBIT is ¥104.8B making its interest coverage ratio -198.5. It has cash and short-term investments of ¥249.6B.
Key information
19.5%
Debt to equity ratio
JP¥79.16b
Debt
Interest coverage ratio | -198.5x |
Cash | JP¥249.56b |
Equity | JP¥405.80b |
Total liabilities | JP¥674.27b |
Total assets | JP¥1.08t |
Recent financial health updates
No updates
Recent updates
Here'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 (¥624.3B) exceed its short term liabilities (¥326.9B).
Long Term Liabilities: 1878's short term assets (¥624.3B) exceed its long term liabilities (¥347.3B).
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 30.5% to 19.5% over the past 5 years.
Debt Coverage: 1878's debt is well covered by operating cash flow (114.8%).
Interest Coverage: 1878 earns more interest than it pays, so coverage of interest payments is not a concern.