NTT DATA Group Balance Sheet Health
Financial Health criteria checks 2/6
NTT DATA Group has a total shareholder equity of ¥2,737.8B and total debt of ¥2,386.7B, which brings its debt-to-equity ratio to 87.2%. Its total assets and total liabilities are ¥7,195.4B and ¥4,457.6B respectively. NTT DATA Group's EBIT is ¥336.7B making its interest coverage ratio 4.7. It has cash and short-term investments of ¥497.8B.
Key information
87.2%
Debt to equity ratio
JP¥2.39t
Debt
| Interest coverage ratio | 4.7x |
| Cash | JP¥497.85b |
| Equity | JP¥2.74t |
| Total liabilities | JP¥4.46t |
| Total assets | JP¥7.20t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NT5's short term assets (¥2,489.3B) do not cover its short term liabilities (¥2,639.7B).
Long Term Liabilities: NT5's short term assets (¥2,489.3B) exceed its long term liabilities (¥1,818.0B).
Debt to Equity History and Analysis
Debt Level: NT5's net debt to equity ratio (69%) is considered high.
Reducing Debt: NT5's debt to equity ratio has increased from 57.3% to 87.2% over the past 5 years.
Debt Coverage: NT5's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: NT5's interest payments on its debt are well covered by EBIT (4.7x coverage).