Dai-ichi Life Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Dai-ichi Life Holdings has a total shareholder equity of ¥2,980.4B and total debt of ¥985.8B, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are ¥65,782.7B and ¥62,802.3B respectively. Dai-ichi Life Holdings's EBIT is ¥368.9B making its interest coverage ratio 9.4. It has cash and short-term investments of ¥1,809.2B.
Key information
33.1%
Debt to equity ratio
JP¥985.77b
Debt
Interest coverage ratio | 9.4x |
Cash | JP¥1.81t |
Equity | JP¥2.98t |
Total liabilities | JP¥62.80t |
Total assets | JP¥65.78t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DCNS.F's short term assets (¥4,775.6B) exceed its short term liabilities (¥2,431.0B).
Long Term Liabilities: DCNS.F's short term assets (¥4,775.6B) do not cover its long term liabilities (¥60,371.3B).
Debt to Equity History and Analysis
Debt Level: DCNS.F has more cash than its total debt.
Reducing Debt: DCNS.F's debt to equity ratio has increased from 29.5% to 33.1% over the past 5 years.
Debt Coverage: DCNS.F's debt is well covered by operating cash flow (78.8%).
Interest Coverage: DCNS.F's interest payments on its debt are well covered by EBIT (9.4x coverage).