DAIHEN Balance Sheet Health
Financial Health criteria checks 5/6
DAIHEN has a total shareholder equity of ¥150.0B and total debt of ¥65.9B, which brings its debt-to-equity ratio to 43.9%. Its total assets and total liabilities are ¥271.4B and ¥121.4B respectively. DAIHEN's EBIT is ¥15.3B making its interest coverage ratio -125.2. It has cash and short-term investments of ¥21.9B.
Key information
43.9%
Debt to equity ratio
JP¥65.92b
Debt
| Interest coverage ratio | -125.2x |
| Cash | JP¥21.92b |
| Equity | JP¥150.03b |
| Total liabilities | JP¥121.35b |
| Total assets | JP¥271.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DAIP.F's short term assets (¥177.4B) exceed its short term liabilities (¥80.2B).
Long Term Liabilities: DAIP.F's short term assets (¥177.4B) exceed its long term liabilities (¥41.2B).
Debt to Equity History and Analysis
Debt Level: DAIP.F's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: DAIP.F's debt to equity ratio has reduced from 46.7% to 43.9% over the past 5 years.
Debt Coverage: DAIP.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DAIP.F earns more interest than it pays, so coverage of interest payments is not a concern.