Daiwa Securities Living Investment Balance Sheet Health
Financial Health criteria checks 2/6
Daiwa Securities Living Investment has a total shareholder equity of ¥172.0B and total debt of ¥188.1B, which brings its debt-to-equity ratio to 109.4%. Its total assets and total liabilities are ¥367.5B and ¥195.5B respectively. Daiwa Securities Living Investment's EBIT is ¥11.8B making its interest coverage ratio 9.1. It has cash and short-term investments of ¥18.7B.
Key information
109.4%
Debt to equity ratio
JP¥188.14b
Debt
Interest coverage ratio | 9.1x |
Cash | JP¥18.70b |
Equity | JP¥172.00b |
Total liabilities | JP¥195.54b |
Total assets | JP¥367.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8986's short term assets (¥22.3B) exceed its short term liabilities (¥21.9B).
Long Term Liabilities: 8986's short term assets (¥22.3B) do not cover its long term liabilities (¥173.6B).
Debt to Equity History and Analysis
Debt Level: 8986's net debt to equity ratio (98.5%) is considered high.
Reducing Debt: 8986's debt to equity ratio has increased from 106.7% to 109.4% over the past 5 years.
Debt Coverage: 8986's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: 8986's interest payments on its debt are well covered by EBIT (9.1x coverage).