Namura Shipbuilding Balance Sheet Health
Financial Health criteria checks 6/6
Namura Shipbuilding has a total shareholder equity of ¥93.9B and total debt of ¥12.3B, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are ¥188.6B and ¥94.8B respectively. Namura Shipbuilding's EBIT is ¥25.0B making its interest coverage ratio -31.4. It has cash and short-term investments of ¥70.7B.
Key information
13.1%
Debt to equity ratio
JP¥12.29b
Debt
| Interest coverage ratio | -31.4x |
| Cash | JP¥70.66b |
| Equity | JP¥93.86b |
| Total liabilities | JP¥94.79b |
| Total assets | JP¥188.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8AF's short term assets (¥122.7B) exceed its short term liabilities (¥73.2B).
Long Term Liabilities: 8AF's short term assets (¥122.7B) exceed its long term liabilities (¥21.6B).
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 26.6% to 13.1% over the past 5 years.
Debt Coverage: 8AF's debt is well covered by operating cash flow (321.9%).
Interest Coverage: 8AF earns more interest than it pays, so coverage of interest payments is not a concern.