Nabtesco Balance Sheet Health
Financial Health criteria checks 6/6
Nabtesco has a total shareholder equity of ¥275.9B and total debt of ¥33.4B, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are ¥422.1B and ¥146.2B respectively. Nabtesco's EBIT is ¥20.7B making its interest coverage ratio 193.4. It has cash and short-term investments of ¥78.5B.
Key information
12.1%
Debt to equity ratio
JP¥33.40b
Debt
Interest coverage ratio | 193.4x |
Cash | JP¥78.45b |
Equity | JP¥275.89b |
Total liabilities | JP¥146.17b |
Total assets | JP¥422.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3N8's short term assets (¥220.8B) exceed its short term liabilities (¥119.5B).
Long Term Liabilities: 3N8's short term assets (¥220.8B) exceed its long term liabilities (¥26.7B).
Debt to Equity History and Analysis
Debt Level: 3N8 has more cash than its total debt.
Reducing Debt: 3N8's debt to equity ratio has reduced from 25.6% to 12.1% over the past 5 years.
Debt Coverage: 3N8's debt is well covered by operating cash flow (33.5%).
Interest Coverage: 3N8's interest payments on its debt are well covered by EBIT (193.4x coverage).