Dkk-Toa Balance Sheet Health
Financial Health criteria checks 6/6
Dkk-Toa has a total shareholder equity of ¥22.4B and total debt of ¥323.0M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ¥29.0B and ¥6.7B respectively. Dkk-Toa's EBIT is ¥1.8B making its interest coverage ratio -24.9. It has cash and short-term investments of ¥4.1B.
Key information
1.4%
Debt to equity ratio
JP¥323.00m
Debt
Interest coverage ratio | -24.9x |
Cash | JP¥4.11b |
Equity | JP¥22.37b |
Total liabilities | JP¥6.68b |
Total assets | JP¥29.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6848's short term assets (¥17.4B) exceed its short term liabilities (¥3.2B).
Long Term Liabilities: 6848's short term assets (¥17.4B) exceed its long term liabilities (¥3.4B).
Debt to Equity History and Analysis
Debt Level: 6848 has more cash than its total debt.
Reducing Debt: 6848's debt to equity ratio has reduced from 3.4% to 1.4% over the past 5 years.
Debt Coverage: 6848's debt is well covered by operating cash flow (51.1%).
Interest Coverage: 6848 earns more interest than it pays, so coverage of interest payments is not a concern.