DAIWA TSUSHIN Balance Sheet Health
Financial Health criteria checks 5/6
DAIWA TSUSHIN has a total shareholder equity of ¥2.7B and total debt of ¥646.0M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are ¥3.8B and ¥1.1B respectively. DAIWA TSUSHIN's EBIT is ¥365.0M making its interest coverage ratio 60.8. It has cash and short-term investments of ¥976.0M.
Key information
24.0%
Debt to equity ratio
JP¥646.00m
Debt
| Interest coverage ratio | 60.8x |
| Cash | JP¥976.00m |
| Equity | JP¥2.69b |
| Total liabilities | JP¥1.09b |
| Total assets | JP¥3.78b |
Recent financial health updates
DAIWA TSUSHIN (TSE:7116) Seems To Use Debt Quite Sensibly
Oct 28
Is DAIWA TSUSHIN (TSE:7116) A Risky Investment?
Jun 11Recent updates
DAIWA TSUSHIN (TSE:7116) Seems To Use Debt Quite Sensibly
Oct 28Earnings Working Against DAIWA TSUSHIN Co., Ltd's (TSE:7116) Share Price Following 40% Dive
Aug 05Earnings Not Telling The Story For DAIWA TSUSHIN Co., Ltd (TSE:7116) After Shares Rise 30%
Jun 12Is DAIWA TSUSHIN (TSE:7116) A Risky Investment?
Jun 11DAIWA TSUSHIN Co., Ltd's (TSE:7116) Popularity With Investors Under Threat As Stock Sinks 27%
Feb 29Financial Position Analysis
Short Term Liabilities: 7116's short term assets (¥2.2B) exceed its short term liabilities (¥551.0M).
Long Term Liabilities: 7116's short term assets (¥2.2B) exceed its long term liabilities (¥542.0M).
Debt to Equity History and Analysis
Debt Level: 7116 has more cash than its total debt.
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 (26.3%).
Interest Coverage: 7116's interest payments on its debt are well covered by EBIT (60.8x coverage).