Ratios	Dec 24	Dec 23	Dec 22	Dec 21
Liquidity Ratios
Current Ratio	―	1.57	1.65	1.61	1.51
Quick Ratio	―	1.21	1.31	1.25	1.23
Cash Ratio	―	0.52	0.50	0.51	0.59
Solvency Ratio	―	0.12	0.18	0.16	0.18
Operating Cash Flow Ratio	―	0.20	0.19	0.11	0.23
Short-Term Operating Cash Flow Coverage	―	1.82	0.00	0.00	26.24
Net Current Asset Value	¥ ―	¥ -1.12B	¥ 1.42B	¥ 653.00M	¥ 534.00M
Leverage Ratios
Debt-to-Assets Ratio	―	0.18	0.05	0.06	0.06
Debt-to-Equity Ratio	―	0.35	0.09	0.10	0.11
Debt-to-Capital Ratio	―	0.26	0.08	0.09	0.10
Long-Term Debt-to-Capital Ratio	―	0.20	0.00	0.00	0.00
Financial Leverage Ratio	―	1.91	1.72	1.69	1.75
Debt Service Coverage Ratio	―	1.98	79.25	70.79	22.27
Interest Coverage Ratio	―	21.19	55.63	34.57	66.23
Debt to Market Cap	―	0.22	0.00	0.00	<0.01
Interest Debt Per Share	―	357.19	85.78	100.08	99.87
Net Debt to EBITDA	―	0.64	-1.09	-1.05	-1.23
Profitability Margins
Gross Profit Margin	―	37.85%	38.28%	38.42%	40.88%
EBIT Margin	―	2.47%	3.60%	2.23%	3.85%
EBITDA Margin	―	4.93%	6.18%	5.08%	6.72%
Operating Profit Margin	―	2.50%	3.51%	2.07%	3.80%
Pretax Profit Margin	―	2.36%	3.54%	2.17%	3.79%
Net Profit Margin	―	1.75%	2.36%	1.33%	2.47%
Continuous Operations Profit Margin	―	1.75%	2.36%	1.33%	2.48%
Net Income Per EBT	―	74.11%	66.78%	61.14%	65.23%
EBT Per EBIT	―	94.06%	100.79%	104.75%	99.88%
Return on Assets (ROA)	―	2.45%	3.65%	2.02%	3.58%
Return on Equity (ROE)	―	4.67%	6.28%	3.41%	6.27%
Return on Capital Employed (ROCE)	―	4.78%	7.82%	4.38%	7.92%
Return on Invested Capital (ROIC)	―	3.37%	5.12%	2.63%	5.06%
Return on Tangible Assets	―	2.45%	3.67%	2.03%	3.61%
Earnings Yield	―	3.35%	4.31%	2.35%	4.22%
Efficiency Ratios
Receivables Turnover	―	7.79	6.33	7.53	7.52
Payables Turnover	―	7.65	7.00	7.02	7.26
Inventory Turnover	―	9.18	9.23	9.26	9.91
Fixed Asset Turnover	―	2.72	3.63	3.19	3.12
Asset Turnover	―	1.40	1.55	1.52	1.45
Working Capital Turnover Ratio	―	8.62	8.62	9.21	9.66
Cash Conversion Cycle	―	38.88	45.10	35.93	35.07
Days of Sales Outstanding	―	46.85	57.69	48.50	48.55
Days of Inventory Outstanding	―	39.77	39.54	39.43	36.81
Days of Payables Outstanding	―	47.73	52.13	52.01	50.29
Operating Cycle	―	86.61	97.23	87.94	85.37
Cash Flow Ratios
Operating Cash Flow Per Share	―	102.35	101.00	51.07	114.16
Free Cash Flow Per Share	―	-240.75	77.39	-21.96	78.32
CapEx Per Share	―	343.11	23.62	73.04	35.84
Free Cash Flow to Operating Cash Flow	―	-2.35	0.77	-0.43	0.69
Dividend Paid and CapEx Coverage Ratio	―	0.28	2.43	0.56	2.12
Capital Expenditure Coverage Ratio	―	0.30	4.28	0.70	3.18
Operating Cash Flow Coverage Ratio	―	0.29	1.20	0.52	1.16
Operating Cash Flow to Sales Ratio	―	0.04	0.04	0.02	0.05
Free Cash Flow Yield	―	-17.01%	5.37%	-1.60%	5.69%
Valuation Ratios
Price-to-Earnings (P/E) Ratio	―	29.82	23.21	42.63	23.68
Price-to-Sales (P/S) Ratio	―	0.52	0.55	0.57	0.59
Price-to-Book (P/B) Ratio	―	1.39	1.46	1.45	1.48
Price-to-Free Cash Flow (P/FCF) Ratio	―	-5.88	18.61	-62.33	17.57
Price-to-Operating Cash Flow Ratio	―	13.82	14.26	26.80	12.05
Price-to-Earnings Growth (PEG) Ratio	―	-1.27	0.25	-0.95	4.45
Price-to-Fair Value	―	1.39	1.46	1.45	1.48
Enterprise Value Multiple	―	11.20	7.78	10.08	7.49
Enterprise Value	―	14.49B	12.19B	11.97B	11.40B
EV to EBITDA	―	11.20	7.78	10.08	7.49
EV to Sales	―	0.55	0.48	0.51	0.50
EV to Free Cash Flow	―	-6.23	16.31	-56.46	15.08
EV to Operating Cash Flow	―	14.66	12.50	24.28	10.35
Tangible Book Value Per Share	―	1.01K	982.39	932.79	914.67
Shareholders’ Equity Per Share	―	1.02K	987.88	941.60	926.79
Tax and Other Ratios
Effective Tax Rate	―	0.26	0.33	0.39	0.35
Revenue Per Share	―	2.72K	2.63K	2.42K	2.35K
Net Income Per Share	―	47.45	62.05	32.12	58.12
Tax Burden	―	0.74	0.67	0.61	0.65
Interest Burden	―	0.95	0.98	0.97	0.99
Research & Development to Revenue	―	0.01	0.01	0.01	0.01
SG&A to Revenue	―	0.01	<0.01	0.01	<0.01
Stock-Based Compensation to Revenue	―	0.00	0.00	0.00	0.00
Income Quality	―	2.16	1.09	0.97	1.28

Daisho Co., Ltd. (2816) Ratios

Daisho Co., Ltd. Ratios