Nagase Balance Sheet Health
Financial Health criteria checks 6/6
Nagase has a total shareholder equity of ¥411.7B and total debt of ¥153.6B, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are ¥796.7B and ¥385.0B respectively. Nagase's EBIT is ¥37.2B making its interest coverage ratio 33.8. It has cash and short-term investments of ¥54.5B.
Key information
37.3%
Debt to equity ratio
JP¥153.60b
Debt
| Interest coverage ratio | 33.8x |
| Cash | JP¥54.48b |
| Equity | JP¥411.72b |
| Total liabilities | JP¥384.98b |
| Total assets | JP¥796.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P22's short term assets (¥546.2B) exceed its short term liabilities (¥291.7B).
Long Term Liabilities: P22's short term assets (¥546.2B) exceed its long term liabilities (¥93.3B).
Debt to Equity History and Analysis
Debt Level: P22's net debt to equity ratio (24.1%) is considered satisfactory.
Reducing Debt: P22's debt to equity ratio has reduced from 46% to 37.3% over the past 5 years.
Debt Coverage: P22's debt is well covered by operating cash flow (30.4%).
Interest Coverage: P22's interest payments on its debt are well covered by EBIT (33.8x coverage).