Daikin Industries,Ltd.

Tokyo Stock Exchange 6367.T

Daikin Industries,Ltd. Interest Coverage Ratio for the year ending March 31, 2024: 9.58

Daikin Industries,Ltd. Interest Coverage Ratio is 9.58 for the year ending March 31, 2024, a -48.43% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Daikin Industries,Ltd. Interest Coverage Ratio for the year ending March 31, 2023 was 18.58, a -48.18% change year over year.
  • Daikin Industries,Ltd. Interest Coverage Ratio for the year ending March 31, 2022 was 35.85, a 32.08% change year over year.
  • Daikin Industries,Ltd. Interest Coverage Ratio for the year ending March 31, 2021 was 27.14, a 12.54% change year over year.
  • Daikin Industries,Ltd. Interest Coverage Ratio for the year ending March 31, 2020 was 24.12, a 3.47% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
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Tokyo Stock Exchange: 6367.T

Daikin Industries,Ltd.

CEO Mr. Masanori Togawa
IPO Date Jan. 4, 2000
Location Japan
Headquarters Umeda Center Building
Employees 98,162
Sector Materials
Industries
Description

Daikin Industries, Ltd. manufactures, distributes, and sells air-conditioning and refrigeration equipment, and chemical products. The company's air-conditioning and refrigeration equipment products include room air-conditioning systems; air purifiers; heat-pump hot-water supply and room-heating systems; packaged air-conditioning systems; multiple air-conditioning systems for office buildings; air-conditioning systems for facilities and plants; absorption refrigerators; freezers; water chillers; turbo refrigerator equipment; air-handling units; air filters; industrial dust collectors; marine-type container refrigeration; and refrigerating and freezing showcases. The company's chemical products comprising fluorocarbons, fluoroplastics, fluoroelastomers, fluoropaints, fluoro coating agents, semiconductor-etching products, water and oil repellent agents, pharmaceuticals and intermediates, and dry air suppliers. It also provides oil hydraulics products, including oil hydraulic pumps and valves, cooling equipment and systems, inverter-controlled pump motors, hydrostatic transmissions, and centralized lubrication units and systems; and defense products consisting of warheads, warhead parts for guided missiles, and home-use oxygen therapy equipment. In addition, the company offers after sales services. It sells its products in Japan, the United States, China, Asia, Oceania, Europe /the Middle and Near East/Africa, and internationally. Daikin Industries, Ltd. was founded in 1924 and is headquartered in Osaka, Japan.

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StockViz Staff

January 15, 2025

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