Nihon Decoluxe Balance Sheet Health
Financial Health criteria checks 6/6
Nihon Decoluxe has a total shareholder equity of ¥15.4B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥17.5B and ¥2.1B respectively. Nihon Decoluxe's EBIT is ¥690.0M making its interest coverage ratio -31.4. It has cash and short-term investments of ¥5.0B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -31.4x |
Cash | JP¥5.00b |
Equity | JP¥15.39b |
Total liabilities | JP¥2.14b |
Total assets | JP¥17.53b |
Recent financial health updates
No updates
Recent updates
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Financial Position Analysis
Short Term Liabilities: 7950's short term assets (¥8.3B) exceed its short term liabilities (¥1.5B).
Long Term Liabilities: 7950's short term assets (¥8.3B) exceed its long term liabilities (¥633.0M).
Debt to Equity History and Analysis
Debt Level: 7950 is debt free.
Reducing Debt: 7950 had no debt 5 years ago.
Debt Coverage: 7950 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7950 has no debt, therefore coverage of interest payments is not a concern.