Daiwa House Industry Balance Sheet Health
Financial Health criteria checks 3/6
Daiwa House Industry has a total shareholder equity of ¥2,590.6B and total debt of ¥2,284.2B, which brings its debt-to-equity ratio to 88.2%. Its total assets and total liabilities are ¥6,723.9B and ¥4,133.3B respectively. Daiwa House Industry's EBIT is ¥468.9B making its interest coverage ratio 18.2. It has cash and short-term investments of ¥565.5B.
Key information
88.2%
Debt to equity ratio
JP¥2.28t
Debt
| Interest coverage ratio | 18.2x |
| Cash | JP¥565.48b |
| Equity | JP¥2.59t |
| Total liabilities | JP¥4.13t |
| Total assets | JP¥6.72t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DWAH.F's short term assets (¥3,797.0B) exceed its short term liabilities (¥1,586.9B).
Long Term Liabilities: DWAH.F's short term assets (¥3,797.0B) exceed its long term liabilities (¥2,546.4B).
Debt to Equity History and Analysis
Debt Level: DWAH.F's net debt to equity ratio (66.3%) is considered high.
Reducing Debt: DWAH.F's debt to equity ratio has increased from 57.3% to 88.2% over the past 5 years.
Debt Coverage: DWAH.F's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: DWAH.F's interest payments on its debt are well covered by EBIT (18.2x coverage).