DaiwaLtd Balance Sheet Health
Financial Health criteria checks 2/6
DaiwaLtd has a total shareholder equity of ¥4.5B and total debt of ¥8.5B, which brings its debt-to-equity ratio to 190.2%. Its total assets and total liabilities are ¥27.6B and ¥23.1B respectively. DaiwaLtd's EBIT is ¥147.0M making its interest coverage ratio 2.6. It has cash and short-term investments of ¥2.4B.
Key information
190.2%
Debt to equity ratio
JP¥8.52b
Debt
Interest coverage ratio | 2.6x |
Cash | JP¥2.36b |
Equity | JP¥4.48b |
Total liabilities | JP¥23.12b |
Total assets | JP¥27.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8247's short term assets (¥6.5B) do not cover its short term liabilities (¥17.0B).
Long Term Liabilities: 8247's short term assets (¥6.5B) exceed its long term liabilities (¥6.1B).
Debt to Equity History and Analysis
Debt Level: 8247's net debt to equity ratio (137.6%) is considered high.
Reducing Debt: 8247's debt to equity ratio has reduced from 252.4% to 190.2% over the past 5 years.
Debt Coverage: 8247's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: 8247's interest payments on its debt are not well covered by EBIT (2.6x coverage).