NH Foods Balance Sheet Health
Financial Health criteria checks 5/6
NH Foods has a total shareholder equity of ¥529.9B and total debt of ¥234.2B, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are ¥957.2B and ¥427.3B respectively. NH Foods's EBIT is ¥32.1B making its interest coverage ratio -52.8. It has cash and short-term investments of ¥78.4B.
Key information
44.2%
Debt to equity ratio
JP¥234.24b
Debt
Interest coverage ratio | -52.8x |
Cash | JP¥78.38b |
Equity | JP¥529.92b |
Total liabilities | JP¥427.30b |
Total assets | JP¥957.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NI6's short term assets (¥439.5B) exceed its short term liabilities (¥265.0B).
Long Term Liabilities: NI6's short term assets (¥439.5B) exceed its long term liabilities (¥162.3B).
Debt to Equity History and Analysis
Debt Level: NI6's net debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: NI6's debt to equity ratio has increased from 33.5% to 44.2% over the past 5 years.
Debt Coverage: NI6's debt is well covered by operating cash flow (43.4%).
Interest Coverage: NI6 earns more interest than it pays, so coverage of interest payments is not a concern.