Nishikawa Rubber Balance Sheet Health
Financial Health criteria checks 5/6
Nishikawa Rubber has a total shareholder equity of ¥89.5B and total debt of ¥18.6B, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are ¥139.1B and ¥49.6B respectively. Nishikawa Rubber's EBIT is ¥6.9B making its interest coverage ratio -21.8. It has cash and short-term investments of ¥45.4B.
Key information
20.8%
Debt to equity ratio
JP¥18.61b
Debt
Interest coverage ratio | -21.8x |
Cash | JP¥45.36b |
Equity | JP¥89.45b |
Total liabilities | JP¥49.65b |
Total assets | JP¥139.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5161's short term assets (¥73.7B) exceed its short term liabilities (¥30.9B).
Long Term Liabilities: 5161's short term assets (¥73.7B) exceed its long term liabilities (¥18.7B).
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 20.8% 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.