Nishikawa Rubber Balance Sheet Health
Financial Health criteria checks 5/6
Nishikawa Rubber has a total shareholder equity of ¥87.5B and total debt of ¥18.6B, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are ¥137.7B and ¥50.2B respectively. Nishikawa Rubber's EBIT is ¥6.6B making its interest coverage ratio -20.8. It has cash and short-term investments of ¥45.4B.
Key information
21.3%
Debt to equity ratio
JP¥18.61b
Debt
| Interest coverage ratio | -20.8x |
| Cash | JP¥45.36b |
| Equity | JP¥87.51b |
| Total liabilities | JP¥50.22b |
| Total assets | JP¥137.73b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5161's short term assets (¥72.3B) exceed its short term liabilities (¥31.7B).
Long Term Liabilities: 5161's short term assets (¥72.3B) exceed its long term liabilities (¥18.5B).
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 17.2% to 21.3% over the past 5 years.
Debt Coverage: 5161's debt is well covered by operating cash flow (80%).
Interest Coverage: 5161 earns more interest than it pays, so coverage of interest payments is not a concern.