Daiwa Office Investment Balance Sheet Health
Financial Health criteria checks 1/6
Daiwa Office Investment has a total shareholder equity of ¥247.3B and total debt of ¥214.4B, which brings its debt-to-equity ratio to 86.7%. Its total assets and total liabilities are ¥488.5B and ¥241.2B respectively. Daiwa Office Investment's EBIT is ¥13.6B making its interest coverage ratio 14.8. It has cash and short-term investments of ¥28.8B.
Key information
86.7%
Debt to equity ratio
JP¥214.40b
Debt
| Interest coverage ratio | 14.8x |
| Cash | JP¥28.83b |
| Equity | JP¥247.34b |
| Total liabilities | JP¥241.18b |
| Total assets | JP¥488.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8976's short term assets (¥29.5B) do not cover its short term liabilities (¥39.9B).
Long Term Liabilities: 8976's short term assets (¥29.5B) do not cover its long term liabilities (¥201.3B).
Debt to Equity History and Analysis
Debt Level: 8976's net debt to equity ratio (75%) is considered high.
Reducing Debt: 8976's debt to equity ratio has increased from 80.3% to 86.7% over the past 5 years.
Debt Coverage: 8976's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 8976's interest payments on its debt are well covered by EBIT (14.8x coverage).