Daito KounLtd Balance Sheet Health
Financial Health criteria checks 6/6
Daito KounLtd has a total shareholder equity of ¥9.2B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are ¥14.6B and ¥5.4B respectively. Daito KounLtd's EBIT is ¥598.0M making its interest coverage ratio -23.9. It has cash and short-term investments of ¥3.4B.
Key information
21.2%
Debt to equity ratio
JP¥1.96b
Debt
Interest coverage ratio | -23.9x |
Cash | JP¥3.36b |
Equity | JP¥9.21b |
Total liabilities | JP¥5.42b |
Total assets | JP¥14.63b |
Recent financial health updates
These 4 Measures Indicate That Daito KounLtd (TSE:9367) Is Using Debt Reasonably Well
Aug 06These 4 Measures Indicate That Daito Koun (TYO:9367) Is Using Debt Reasonably Well
Dec 11Recent updates
These 4 Measures Indicate That Daito KounLtd (TSE:9367) Is Using Debt Reasonably Well
Aug 06Daito Koun Co.,Ltd.'s (TYO:9367) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Mar 10Daito Koun Co., Ltd.'s (TYO:9367) Stock Has Shown A Decent Performance: Have Financials A Role To Play?
Feb 11The 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 (¥8.4B) exceed its short term liabilities (¥3.3B).
Long Term Liabilities: 9367's short term assets (¥8.4B) exceed its long term liabilities (¥2.1B).
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 32.8% to 21.2% over the past 5 years.
Debt Coverage: 9367's debt is well covered by operating cash flow (52.9%).
Interest Coverage: 9367 earns more interest than it pays, so coverage of interest payments is not a concern.