Nippon Kanryu Industry Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Kanryu Industry has a total shareholder equity of ¥9.2B and total debt of ¥358.0M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are ¥15.2B and ¥6.1B respectively. Nippon Kanryu Industry's EBIT is ¥841.0M making its interest coverage ratio -46.7. It has cash and short-term investments of ¥7.3B.
Key information
3.9%
Debt to equity ratio
JP¥358.00m
Debt
| Interest coverage ratio | -46.7x |
| Cash | JP¥7.33b |
| Equity | JP¥9.16b |
| Total liabilities | JP¥6.06b |
| Total assets | JP¥15.22b |
Recent financial health updates
These 4 Measures Indicate That Nippon Kanryu Industry (FKSE:1771) Is Using Debt Safely
Apr 25
These 4 Measures Indicate That Nippon Kanryu Industry (FKSE:1771) Is Using Debt Safely
Jan 16
Recent updates
These 4 Measures Indicate That Nippon Kanryu Industry (FKSE:1771) Is Using Debt Safely
Apr 25Nippon Kanryu Industry's (FKSE:1771) Returns On Capital Are Heading Higher
Mar 30How Does Nippon Kanryu Industry Co., Ltd. (FKSE:1771) Fare As A Dividend Stock?
Mar 04We're Not So Sure You Should Rely on Nippon Kanryu Industry's (FKSE:1771) Statutory Earnings
Feb 06These 4 Measures Indicate That Nippon Kanryu Industry (FKSE:1771) Is Using Debt Safely
Jan 16Is Nippon Kanryu Industry (FKSE:1771) Likely To Turn Things Around?
Dec 26A Look At The Intrinsic Value Of Nippon Kanryu Industry Co., Ltd. (FKSE:1771)
Nov 29Financial Position Analysis
Short Term Liabilities: 1771's short term assets (¥11.6B) exceed its short term liabilities (¥5.4B).
Long Term Liabilities: 1771's short term assets (¥11.6B) exceed its long term liabilities (¥641.0M).
Debt to Equity History and Analysis
Debt Level: 1771 has more cash than its total debt.
Reducing Debt: 1771's debt to equity ratio has increased from 0% to 3.9% over the past 5 years.
Debt Coverage: 1771's debt is well covered by operating cash flow (70.9%).
Interest Coverage: 1771 earns more interest than it pays, so coverage of interest payments is not a concern.