Nihon Tokushu Toryo Balance Sheet Health
Financial Health criteria checks 6/6
Nihon Tokushu Toryo has a total shareholder equity of ¥57.7B and total debt of ¥6.2B, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are ¥88.6B and ¥31.0B respectively. Nihon Tokushu Toryo's EBIT is ¥3.6B making its interest coverage ratio -13.9. It has cash and short-term investments of ¥14.9B.
Key information
10.8%
Debt to equity ratio
JP¥6.22b
Debt
Interest coverage ratio | -13.9x |
Cash | JP¥14.85b |
Equity | JP¥57.66b |
Total liabilities | JP¥30.97b |
Total assets | JP¥88.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4619's short term assets (¥39.1B) exceed its short term liabilities (¥24.5B).
Long Term Liabilities: 4619's short term assets (¥39.1B) exceed its long term liabilities (¥6.4B).
Debt to Equity History and Analysis
Debt Level: 4619 has more cash than its total debt.
Reducing Debt: 4619's debt to equity ratio has reduced from 17.8% to 10.8% over the past 5 years.
Debt Coverage: 4619's debt is well covered by operating cash flow (126.9%).
Interest Coverage: 4619 earns more interest than it pays, so coverage of interest payments is not a concern.