DAIWA TSUSHIN Balance Sheet Health
Financial Health criteria checks 5/6
DAIWA TSUSHIN has a total shareholder equity of ¥2.6B and total debt of ¥683.0M, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are ¥3.6B and ¥1.0B respectively. DAIWA TSUSHIN's EBIT is ¥269.0M making its interest coverage ratio 44.8. It has cash and short-term investments of ¥664.0M.
Key information
26.7%
Debt to equity ratio
JP¥683.00m
Debt
Interest coverage ratio | 44.8x |
Cash | JP¥664.00m |
Equity | JP¥2.56b |
Total liabilities | JP¥1.04b |
Total assets | JP¥3.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7116's short term assets (¥2.1B) exceed its short term liabilities (¥511.0M).
Long Term Liabilities: 7116's short term assets (¥2.1B) exceed its long term liabilities (¥533.0M).
Debt to Equity History and Analysis
Debt Level: 7116's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 7116's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7116's debt is well covered by operating cash flow (118.6%).
Interest Coverage: 7116's interest payments on its debt are well covered by EBIT (44.8x coverage).