Namura Shipbuilding Balance Sheet Health
Financial Health criteria checks 6/6
Namura Shipbuilding has a total shareholder equity of ¥79.9B and total debt of ¥13.0B, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are ¥174.8B and ¥94.9B respectively. Namura Shipbuilding's EBIT is ¥16.5B making its interest coverage ratio -15.1. It has cash and short-term investments of ¥55.4B.
Key information
16.3%
Debt to equity ratio
JP¥13.04b
Debt
Interest coverage ratio | -15.1x |
Cash | JP¥55.39b |
Equity | JP¥79.90b |
Total liabilities | JP¥94.89b |
Total assets | JP¥174.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8AF's short term assets (¥110.2B) exceed its short term liabilities (¥72.0B).
Long Term Liabilities: 8AF's short term assets (¥110.2B) exceed its long term liabilities (¥22.9B).
Debt to Equity History and Analysis
Debt Level: 8AF has more cash than its total debt.
Reducing Debt: 8AF's debt to equity ratio has reduced from 25.8% to 16.3% over the past 5 years.
Debt Coverage: 8AF's debt is well covered by operating cash flow (210.1%).
Interest Coverage: 8AF earns more interest than it pays, so coverage of interest payments is not a concern.