Daiwa Office Investment Balance Sheet Health
Financial Health criteria checks 1/6
Daiwa Office Investment has a total shareholder equity of ¥247.8B and total debt of ¥207.8B, which brings its debt-to-equity ratio to 83.8%. Its total assets and total liabilities are ¥482.5B and ¥234.6B respectively. Daiwa Office Investment's EBIT is ¥14.4B making its interest coverage ratio 16.6. It has cash and short-term investments of ¥30.8B.
Key information
83.8%
Debt to equity ratio
JP¥207.80b
Debt
Interest coverage ratio | 16.6x |
Cash | JP¥30.80b |
Equity | JP¥247.85b |
Total liabilities | JP¥234.62b |
Total assets | JP¥482.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8976's short term assets (¥31.3B) do not cover its short term liabilities (¥32.6B).
Long Term Liabilities: 8976's short term assets (¥31.3B) do not cover its long term liabilities (¥202.0B).
Debt to Equity History and Analysis
Debt Level: 8976's net debt to equity ratio (71.4%) is considered high.
Reducing Debt: 8976's debt to equity ratio has increased from 78.4% to 83.8% over the past 5 years.
Debt Coverage: 8976's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 8976's interest payments on its debt are well covered by EBIT (16.6x coverage).