Daishinku Balance Sheet Health
Financial Health criteria checks 4/6
Daishinku has a total shareholder equity of ¥45.0B and total debt of ¥33.2B, which brings its debt-to-equity ratio to 73.7%. Its total assets and total liabilities are ¥87.0B and ¥42.1B respectively. Daishinku's EBIT is ¥2.1B making its interest coverage ratio 41.2. It has cash and short-term investments of ¥20.2B.
Key information
73.7%
Debt to equity ratio
JP¥33.15b
Debt
Interest coverage ratio | 41.2x |
Cash | JP¥20.15b |
Equity | JP¥44.97b |
Total liabilities | JP¥42.07b |
Total assets | JP¥87.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6962's short term assets (¥49.3B) exceed its short term liabilities (¥19.8B).
Long Term Liabilities: 6962's short term assets (¥49.3B) exceed its long term liabilities (¥22.3B).
Debt to Equity History and Analysis
Debt Level: 6962's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: 6962's debt to equity ratio has increased from 69.3% to 73.7% over the past 5 years.
Debt Coverage: 6962's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: 6962's interest payments on its debt are well covered by EBIT (41.2x coverage).