Daiwabo Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Daiwabo Holdings has a total shareholder equity of ¥135.8B and total debt of ¥25.0B, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are ¥388.7B and ¥252.9B respectively. Daiwabo Holdings's EBIT is ¥29.1B making its interest coverage ratio -440.7. It has cash and short-term investments of ¥62.0B.
Key information
18.4%
Debt to equity ratio
JP¥25.05b
Debt
Interest coverage ratio | -440.7x |
Cash | JP¥61.96b |
Equity | JP ¥135.76b |
Total liabilities | JP¥252.93b |
Total assets | JP¥388.70b |
Financial Position Analysis
Short Term Liabilities: 3107's short term assets (¥349.6B) exceed its short term liabilities (¥220.6B).
Long Term Liabilities: 3107's short term assets (¥349.6B) exceed its long term liabilities (¥32.4B).
Debt to Equity History and Analysis
Debt Level: 3107 has more cash than its total debt.
Reducing Debt: 3107's debt to equity ratio has reduced from 45.1% to 18.4% over the past 5 years.
Debt Coverage: 3107's debt is well covered by operating cash flow (50.3%).
Interest Coverage: 3107 earns more interest than it pays, so coverage of interest payments is not a concern.