NTT DATA Group Balance Sheet Health
Financial Health criteria checks 4/6
NTT DATA Group has a total shareholder equity of ¥2,560.7B and total debt of ¥1,891.2B, which brings its debt-to-equity ratio to 73.9%. Its total assets and total liabilities are ¥6,529.1B and ¥3,968.4B respectively. NTT DATA Group's EBIT is ¥258.0B making its interest coverage ratio 8.9. It has cash and short-term investments of ¥586.6B.
Key information
73.9%
Debt to equity ratio
JP¥1.89t
Debt
Interest coverage ratio | 8.9x |
Cash | JP¥586.56b |
Equity | JP¥2.56t |
Total liabilities | JP¥3.97t |
Total assets | JP¥6.53t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NT50's short term assets (¥2,322.7B) exceed its short term liabilities (¥1,931.7B).
Long Term Liabilities: NT50's short term assets (¥2,322.7B) exceed its long term liabilities (¥2,036.7B).
Debt to Equity History and Analysis
Debt Level: NT50's net debt to equity ratio (50.9%) is considered high.
Reducing Debt: NT50's debt to equity ratio has increased from 62.5% to 73.9% over the past 5 years.
Debt Coverage: NT50's debt is well covered by operating cash flow (24%).
Interest Coverage: NT50's interest payments on its debt are well covered by EBIT (8.9x coverage).