DaiwaLtd Balance Sheet Health
Financial Health criteria checks 2/6
DaiwaLtd has a total shareholder equity of ¥5.0B and total debt of ¥7.9B, which brings its debt-to-equity ratio to 157.8%. Its total assets and total liabilities are ¥27.4B and ¥22.4B respectively. DaiwaLtd's EBIT is ¥176.0M making its interest coverage ratio 3. It has cash and short-term investments of ¥2.1B.
Key information
157.8%
Debt to equity ratio
JP¥7.90b
Debt
| Interest coverage ratio | 3x |
| Cash | JP¥2.08b |
| Equity | JP¥5.01b |
| Total liabilities | JP¥22.43b |
| Total assets | JP¥27.43b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8247's short term assets (¥5.7B) do not cover its short term liabilities (¥16.8B).
Long Term Liabilities: 8247's short term assets (¥5.7B) exceed its long term liabilities (¥5.6B).
Debt to Equity History and Analysis
Debt Level: 8247's net debt to equity ratio (116.2%) is considered high.
Reducing Debt: 8247's debt to equity ratio has reduced from 234% to 157.8% over the past 5 years.
Debt Coverage: 8247's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: 8247's interest payments on its debt are not well covered by EBIT (3x coverage).