Dowa Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Dowa Holdings has a total shareholder equity of ¥388.8B and total debt of ¥75.9B, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are ¥632.8B and ¥244.0B respectively. Dowa Holdings's EBIT is ¥30.0B making its interest coverage ratio -25.7. It has cash and short-term investments of ¥75.1B.
Key information
19.5%
Debt to equity ratio
JP¥75.91b
Debt
Interest coverage ratio | -25.7x |
Cash | JP¥75.07b |
Equity | JP¥388.79b |
Total liabilities | JP¥243.98b |
Total assets | JP¥632.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DWMN.F's short term assets (¥341.9B) exceed its short term liabilities (¥178.1B).
Long Term Liabilities: DWMN.F's short term assets (¥341.9B) exceed its long term liabilities (¥65.9B).
Debt to Equity History and Analysis
Debt Level: DWMN.F's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: DWMN.F's debt to equity ratio has reduced from 54.9% to 19.5% over the past 5 years.
Debt Coverage: DWMN.F's debt is well covered by operating cash flow (156.3%).
Interest Coverage: DWMN.F earns more interest than it pays, so coverage of interest payments is not a concern.