Daiwa House Industry Balance Sheet Health
Financial Health criteria checks 3/6
Daiwa House Industry has a total shareholder equity of ¥2,680.5B and total debt of ¥2,324.8B, which brings its debt-to-equity ratio to 86.7%. Its total assets and total liabilities are ¥6,904.7B and ¥4,224.2B respectively. Daiwa House Industry's EBIT is ¥483.6B making its interest coverage ratio 16.8. It has cash and short-term investments of ¥528.9B.
Key information
86.7%
Debt to equity ratio
JP¥2.32t
Debt
| Interest coverage ratio | 16.8x |
| Cash | JP¥528.94b |
| Equity | JP¥2.68t |
| Total liabilities | JP¥4.22t |
| Total assets | JP¥6.90t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1925 N's short term assets (¥3,893.9B) exceed its short term liabilities (¥1,655.4B).
Long Term Liabilities: 1925 N's short term assets (¥3,893.9B) exceed its long term liabilities (¥2,568.8B).
Debt to Equity History and Analysis
Debt Level: 1925 N's net debt to equity ratio (67%) is considered high.
Reducing Debt: 1925 N's debt to equity ratio has increased from 56.7% to 86.7% over the past 5 years.
Debt Coverage: 1925 N's debt is not well covered by operating cash flow (18%).
Interest Coverage: 1925 N's interest payments on its debt are well covered by EBIT (16.8x coverage).