Dexerials Balance Sheet Health
Financial Health criteria checks 6/6
Dexerials has a total shareholder equity of ¥85.0B and total debt of ¥22.2B, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are ¥135.1B and ¥50.1B respectively. Dexerials's EBIT is ¥29.5B making its interest coverage ratio -210.5. It has cash and short-term investments of ¥34.0B.
Key information
26.1%
Debt to equity ratio
JP¥22.18b
Debt
Interest coverage ratio | -210.5x |
Cash | JP¥34.01b |
Equity | JP¥84.99b |
Total liabilities | JP¥50.08b |
Total assets | JP¥135.07b |
Recent financial health updates
Recent updates
Dexerials (TSE:4980) Could Become A Multi-Bagger
Apr 25Dexerials (TSE:4980) Will Pay A Larger Dividend Than Last Year At ¥65.00
Mar 18Dexerials (TSE:4980) Has A Pretty Healthy Balance Sheet
Mar 14Dexerials (TSE:4980) Will Pay A Larger Dividend Than Last Year At ¥65.00
Feb 27Subdued Growth No Barrier To Dexerials Corporation (TSE:4980) With Shares Advancing 40%
Feb 26Financial Position Analysis
Short Term Liabilities: 4980's short term assets (¥68.7B) exceed its short term liabilities (¥27.9B).
Long Term Liabilities: 4980's short term assets (¥68.7B) exceed its long term liabilities (¥22.2B).
Debt to Equity History and Analysis
Debt Level: 4980 has more cash than its total debt.
Reducing Debt: 4980's debt to equity ratio has reduced from 44.5% to 26.1% over the past 5 years.
Debt Coverage: 4980's debt is well covered by operating cash flow (94.8%).
Interest Coverage: 4980 earns more interest than it pays, so coverage of interest payments is not a concern.