NAFCO Balance Sheet Health
Financial Health criteria checks 6/6
NAFCO has a total shareholder equity of ¥159.4B and total debt of ¥21.3B, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are ¥232.2B and ¥72.9B respectively. NAFCO's EBIT is ¥5.2B making its interest coverage ratio 46.5. It has cash and short-term investments of ¥33.0B.
Key information
13.4%
Debt to equity ratio
JP¥21.29b
Debt
Interest coverage ratio | 46.5x |
Cash | JP¥33.00b |
Equity | JP¥159.36b |
Total liabilities | JP¥72.89b |
Total assets | JP¥232.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 64E's short term assets (¥99.6B) exceed its short term liabilities (¥58.4B).
Long Term Liabilities: 64E's short term assets (¥99.6B) exceed its long term liabilities (¥14.4B).
Debt to Equity History and Analysis
Debt Level: 64E has more cash than its total debt.
Reducing Debt: 64E's debt to equity ratio has reduced from 22.5% to 13.4% over the past 5 years.
Debt Coverage: 64E's debt is well covered by operating cash flow (43.1%).
Interest Coverage: 64E's interest payments on its debt are well covered by EBIT (46.5x coverage).