Nishikawa Rubber Balance Sheet Health
Financial Health criteria checks 5/6
Nishikawa Rubber has a total shareholder equity of ¥89.4B and total debt of ¥19.1B, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are ¥138.7B and ¥49.4B respectively. Nishikawa Rubber's EBIT is ¥9.3B making its interest coverage ratio -20.8. It has cash and short-term investments of ¥47.5B.
Key information
21.3%
Debt to equity ratio
JP¥19.06b
Debt
| Interest coverage ratio | -20.8x |
| Cash | JP¥47.47b |
| Equity | JP¥89.36b |
| Total liabilities | JP¥49.36b |
| Total assets | JP¥138.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5161's short term assets (¥75.8B) exceed its short term liabilities (¥31.9B).
Long Term Liabilities: 5161's short term assets (¥75.8B) exceed its long term liabilities (¥17.4B).
Debt to Equity History and Analysis
Debt Level: 5161 has more cash than its total debt.
Reducing Debt: 5161's debt to equity ratio has increased from 18.1% to 21.3% over the past 5 years.
Debt Coverage: 5161's debt is well covered by operating cash flow (69.5%).
Interest Coverage: 5161 earns more interest than it pays, so coverage of interest payments is not a concern.