Di-Nikko Engineering Balance Sheet Health
Financial Health criteria checks 4/6
Di-Nikko Engineering has a total shareholder equity of ¥7.6B and total debt of ¥12.9B, which brings its debt-to-equity ratio to 170.2%. Its total assets and total liabilities are ¥29.3B and ¥21.7B respectively. Di-Nikko Engineering's EBIT is ¥755.0M making its interest coverage ratio 6.1. It has cash and short-term investments of ¥4.2B.
Key information
170.2%
Debt to equity ratio
JP¥12.92b
Debt
| Interest coverage ratio | 6.1x |
| Cash | JP¥4.20b |
| Equity | JP¥7.59b |
| Total liabilities | JP¥21.73b |
| Total assets | JP¥29.33b |
Recent financial health updates
Is Di-Nikko Engineering (TSE:6635) Using Too Much Debt?
Mar 01
Di-Nikko Engineering (TYO:6635) Has A Somewhat Strained Balance Sheet
Apr 27Is Di-Nikko Engineering (TYO:6635) A Risky Investment?
Dec 21
Recent updates
Investors Can Find Comfort In Di-Nikko Engineering's (TSE:6635) Earnings Quality
Aug 21Di-Nikko Engineering Co., Ltd.'s (TSE:6635) 27% Dip In Price Shows Sentiment Is Matching Earnings
Aug 05Di-Nikko Engineering Co., Ltd. (TSE:6635) Shares Fly 26% But Investors Aren't Buying For Growth
Jun 12Di-Nikko Engineering Co., Ltd.'s (TSE:6635) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Mar 17Is Di-Nikko Engineering (TSE:6635) Using Too Much Debt?
Mar 01Di-Nikko Engineering (TYO:6635) Has A Somewhat Strained Balance Sheet
Apr 27Di-Nikko Engineering (TYO:6635) Might Have The Makings Of A Multi-Bagger
Mar 30Should You Buy Di-Nikko Engineering Co., Ltd. (TYO:6635) For Its Dividend?
Mar 09Di-Nikko Engineering Co., Ltd. (TYO:6635) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Feb 15A Closer Look At Di-Nikko Engineering Co., Ltd.'s (TYO:6635) Impressive ROE
Jan 18Is Di-Nikko Engineering (TYO:6635) A Risky Investment?
Dec 21Is Di-Nikko Engineering Co., Ltd. (TYO:6635) A Smart Pick For Income Investors?
Nov 22Financial Position Analysis
Short Term Liabilities: 6635's short term assets (¥23.3B) exceed its short term liabilities (¥16.4B).
Long Term Liabilities: 6635's short term assets (¥23.3B) exceed its long term liabilities (¥5.4B).
Debt to Equity History and Analysis
Debt Level: 6635's net debt to equity ratio (114.9%) is considered high.
Reducing Debt: 6635's debt to equity ratio has reduced from 415.2% to 170.2% over the past 5 years.
Debt Coverage: 6635's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: 6635's interest payments on its debt are well covered by EBIT (6.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 04:31 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Di-Nikko Engineering Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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