Digital Information Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Digital Information Technologies has a total shareholder equity of ¥6.6B and total debt of ¥248.0M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ¥9.7B and ¥3.1B respectively. Digital Information Technologies's EBIT is ¥2.4B making its interest coverage ratio -476.4. It has cash and short-term investments of ¥3.9B.
Key information
3.7%
Debt to equity ratio
JP¥248.00m
Debt
Interest coverage ratio | -476.4x |
Cash | JP¥3.86b |
Equity | JP¥6.62b |
Total liabilities | JP¥3.08b |
Total assets | JP¥9.70b |
Recent financial health updates
No updates
Recent updates
Digital Information Technologies (TSE:3916) Is Due To Pay A Dividend Of ¥23.00
Apr 25Digital Information Technologies' (TSE:3916) Dividend Will Be ¥23.00
Mar 29Digital Information Technologies (TSE:3916) Has Announced A Dividend Of ¥23.00
Mar 15Digital Information Technologies (TSE:3916) Will Pay A Dividend Of ¥23.00
Feb 26Financial Position Analysis
Short Term Liabilities: 3916's short term assets (¥8.0B) exceed its short term liabilities (¥2.6B).
Long Term Liabilities: 3916's short term assets (¥8.0B) exceed its long term liabilities (¥460.0M).
Debt to Equity History and Analysis
Debt Level: 3916 has more cash than its total debt.
Reducing Debt: 3916's debt to equity ratio has increased from 0% to 3.7% over the past 5 years.
Debt Coverage: 3916's debt is well covered by operating cash flow (525.4%).
Interest Coverage: 3916 earns more interest than it pays, so coverage of interest payments is not a concern.