Daito KounLtd Balance Sheet Health
Financial Health criteria checks 6/6
Daito KounLtd has a total shareholder equity of ¥8.9B and total debt of ¥1.6B, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are ¥14.2B and ¥5.3B respectively. Daito KounLtd's EBIT is ¥731.0M making its interest coverage ratio -26.1. It has cash and short-term investments of ¥3.1B.
Key information
18.4%
Debt to equity ratio
JP¥1.64b
Debt
| Interest coverage ratio | -26.1x |
| Cash | JP¥3.07b |
| Equity | JP¥8.91b |
| Total liabilities | JP¥5.33b |
| Total assets | JP¥14.24b |
Recent financial health updates
Recent updates
Daito Koun Co.,Ltd.'s (TYO:9367) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Mar 10
Daito Koun Co., Ltd.'s (TYO:9367) Stock Has Shown A Decent Performance: Have Financials A Role To Play?
Feb 11
The Returns At Daito Koun (TYO:9367) Provide Us With Signs Of What's To Come
Jan 22These 4 Measures Indicate That Daito Koun (TYO:9367) Is Using Debt Reasonably Well
Dec 11Daito Koun Co., Ltd.'s (TYO:9367) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Nov 20Financial Position Analysis
Short Term Liabilities: 9367's short term assets (¥7.9B) exceed its short term liabilities (¥3.2B).
Long Term Liabilities: 9367's short term assets (¥7.9B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 9367 has more cash than its total debt.
Reducing Debt: 9367's debt to equity ratio has reduced from 33.5% to 18.4% over the past 5 years.
Debt Coverage: 9367's debt is well covered by operating cash flow (82.6%).
Interest Coverage: 9367 earns more interest than it pays, so coverage of interest payments is not a concern.