NTT DATA Group Balance Sheet Health
Financial Health criteria checks 3/6
NTT DATA Group has a total shareholder equity of ¥2,780.4B and total debt of ¥2,175.3B, which brings its debt-to-equity ratio to 78.2%. Its total assets and total liabilities are ¥7,219.4B and ¥4,439.0B respectively. NTT DATA Group's EBIT is ¥309.6B making its interest coverage ratio 5.1. It has cash and short-term investments of ¥494.4B.
Key information
78.2%
Debt to equity ratio
JP¥2.18t
Debt
Interest coverage ratio | 5.1x |
Cash | JP¥494.44b |
Equity | JP¥2.78t |
Total liabilities | JP¥4.44t |
Total assets | JP¥7.22t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NT5's short term assets (¥2,433.0B) do not cover its short term liabilities (¥2,513.9B).
Long Term Liabilities: NT5's short term assets (¥2,433.0B) exceed its long term liabilities (¥1,925.1B).
Debt to Equity History and Analysis
Debt Level: NT5's net debt to equity ratio (60.5%) is considered high.
Reducing Debt: NT5's debt to equity ratio has increased from 60.1% to 78.2% over the past 5 years.
Debt Coverage: NT5's debt is well covered by operating cash flow (22.9%).
Interest Coverage: NT5's interest payments on its debt are well covered by EBIT (5.1x coverage).