Daito Trust ConstructionLtd Balance Sheet Health
Financial Health criteria checks 6/6
Daito Trust ConstructionLtd has a total shareholder equity of ¥389.0B and total debt of ¥82.2B, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are ¥1,008.3B and ¥619.4B respectively. Daito Trust ConstructionLtd's EBIT is ¥105.2B making its interest coverage ratio -196.7. It has cash and short-term investments of ¥172.1B.
Key information
21.1%
Debt to equity ratio
JP¥82.20b
Debt
Interest coverage ratio | -196.7x |
Cash | JP¥172.12b |
Equity | JP¥388.96b |
Total liabilities | JP¥619.37b |
Total assets | JP¥1.01t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DITT.F's short term assets (¥563.6B) exceed its short term liabilities (¥271.6B).
Long Term Liabilities: DITT.F's short term assets (¥563.6B) exceed its long term liabilities (¥347.7B).
Debt to Equity History and Analysis
Debt Level: DITT.F has more cash than its total debt.
Reducing Debt: DITT.F's debt to equity ratio has reduced from 30.8% to 21.1% over the past 5 years.
Debt Coverage: DITT.F's debt is well covered by operating cash flow (123.8%).
Interest Coverage: DITT.F earns more interest than it pays, so coverage of interest payments is not a concern.