Daimaru Enawin Balance Sheet Health
Financial Health criteria checks 6/6
Daimaru Enawin has a total shareholder equity of ¥14.3B and total debt of ¥1.4B, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are ¥20.9B and ¥6.5B respectively. Daimaru Enawin's EBIT is ¥1.2B making its interest coverage ratio -206. It has cash and short-term investments of ¥3.5B.
Key information
9.8%
Debt to equity ratio
JP¥1.41b
Debt
| Interest coverage ratio | -206x |
| Cash | JP¥3.54b |
| Equity | JP¥14.34b |
| Total liabilities | JP¥6.54b |
| Total assets | JP¥20.88b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9818's short term assets (¥8.6B) exceed its short term liabilities (¥4.5B).
Long Term Liabilities: 9818's short term assets (¥8.6B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 9818 has more cash than its total debt.
Reducing Debt: 9818's debt to equity ratio has reduced from 13.5% to 9.8% over the past 5 years.
Debt Coverage: 9818's debt is well covered by operating cash flow (146.1%).
Interest Coverage: 9818 earns more interest than it pays, so coverage of interest payments is not a concern.