Dualtap Balance Sheet Health
Financial Health criteria checks 3/6
Dualtap has a total shareholder equity of ¥1.8B and total debt of ¥4.8B, which brings its debt-to-equity ratio to 264.6%. Its total assets and total liabilities are ¥7.1B and ¥5.3B respectively.
Key information
264.6%
Debt to equity ratio
JP¥4.83b
Debt
Interest coverage ratio | n/a |
Cash | JP¥951.00m |
Equity | JP¥1.83b |
Total liabilities | JP¥5.30b |
Total assets | JP¥7.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3469's short term assets (¥5.4B) exceed its short term liabilities (¥2.1B).
Long Term Liabilities: 3469's short term assets (¥5.4B) exceed its long term liabilities (¥3.2B).
Debt to Equity History and Analysis
Debt Level: 3469's net debt to equity ratio (212.5%) is considered high.
Reducing Debt: 3469's debt to equity ratio has reduced from 299.8% to 264.6% over the past 5 years.
Debt Coverage: 3469's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 3469's interest payments on its debt are well covered by EBIT.