Daiwa House Industry Balance Sheet Health
Financial Health criteria checks 3/6
Daiwa House Industry has a total shareholder equity of ¥2,554.3B and total debt of ¥2,239.5B, which brings its debt-to-equity ratio to 87.7%. Its total assets and total liabilities are ¥6,541.3B and ¥3,986.9B respectively. Daiwa House Industry's EBIT is ¥526.8B making its interest coverage ratio 26.1. It has cash and short-term investments of ¥379.9B.
Key information
87.7%
Debt to equity ratio
JP¥2.24t
Debt
Interest coverage ratio | 26.1x |
Cash | JP¥379.89b |
Equity | JP¥2.55t |
Total liabilities | JP¥3.99t |
Total assets | JP¥6.54t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DWAH.Y's short term assets (¥3,702.4B) exceed its short term liabilities (¥1,595.1B).
Long Term Liabilities: DWAH.Y's short term assets (¥3,702.4B) exceed its long term liabilities (¥2,391.8B).
Debt to Equity History and Analysis
Debt Level: DWAH.Y's net debt to equity ratio (72.8%) is considered high.
Reducing Debt: DWAH.Y's debt to equity ratio has increased from 62.8% to 87.7% over the past 5 years.
Debt Coverage: DWAH.Y's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: DWAH.Y's interest payments on its debt are well covered by EBIT (26.1x coverage).