Digital Information Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Digital Information Technologies has a total shareholder equity of ¥7.1B and total debt of ¥242.0M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are ¥10.2B and ¥3.2B respectively. Digital Information Technologies's EBIT is ¥2.4B making its interest coverage ratio -606.3. It has cash and short-term investments of ¥4.6B.
Key information
3.4%
Debt to equity ratio
JP¥242.00m
Debt
| Interest coverage ratio | -606.3x |
| Cash | JP¥4.62b |
| Equity | JP¥7.06b |
| Total liabilities | JP¥3.16b |
| Total assets | JP¥10.22b |
Recent financial health updates
No updates
Recent updates
Digital Information Technologies' (TSE:3916) Dividend Will Be Increased To ¥30.00
Oct 10
Is Now An Opportune Moment To Examine Digital Information Technologies Corporation (TSE:3916)?
Aug 06Digital Information Technologies (TSE:3916) Will Pay A Dividend Of ¥23.00
Jun 21Digital 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 (¥8.5B) exceed its short term liabilities (¥2.7B).
Long Term Liabilities: 3916's short term assets (¥8.5B) exceed its long term liabilities (¥488.0M).
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 3.4% over the past 5 years.
Debt Coverage: 3916's debt is well covered by operating cash flow (719.4%).
Interest Coverage: 3916 earns more interest than it pays, so coverage of interest payments is not a concern.