Densan System Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Densan System Holdings has a total shareholder equity of ¥20.8B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are ¥57.1B and ¥36.3B respectively. Densan System Holdings's EBIT is ¥4.0B making its interest coverage ratio -158.6. It has cash and short-term investments of ¥15.9B.
Key information
7.3%
Debt to equity ratio
JP¥1.53b
Debt
| Interest coverage ratio | -158.6x |
| Cash | JP¥15.91b |
| Equity | JP¥20.77b |
| Total liabilities | JP¥36.28b |
| Total assets | JP¥57.05b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4072's short term assets (¥48.2B) exceed its short term liabilities (¥34.0B).
Long Term Liabilities: 4072's short term assets (¥48.2B) exceed its long term liabilities (¥2.3B).
Debt to Equity History and Analysis
Debt Level: 4072 has more cash than its total debt.
Reducing Debt: 4072's debt to equity ratio has reduced from 19.5% to 7.3% over the past 5 years.
Debt Coverage: 4072's debt is well covered by operating cash flow (360.8%).
Interest Coverage: 4072 earns more interest than it pays, so coverage of interest payments is not a concern.