Nishimatsu Construction Balance Sheet Health
Financial Health criteria checks 3/6
Nishimatsu Construction has a total shareholder equity of ¥168.1B and total debt of ¥239.9B, which brings its debt-to-equity ratio to 142.7%. Its total assets and total liabilities are ¥603.8B and ¥435.7B respectively. Nishimatsu Construction's EBIT is ¥15.5B making its interest coverage ratio -87.8. It has cash and short-term investments of ¥71.6B.
Key information
142.7%
Debt to equity ratio
JP¥239.89b
Debt
Interest coverage ratio | -87.8x |
Cash | JP¥71.56b |
Equity | JP¥168.06b |
Total liabilities | JP¥435.73b |
Total assets | JP¥603.79b |
Financial Position Analysis
Short Term Liabilities: 1820's short term assets (¥362.7B) exceed its short term liabilities (¥310.0B).
Long Term Liabilities: 1820's short term assets (¥362.7B) exceed its long term liabilities (¥125.8B).
Debt to Equity History and Analysis
Debt Level: 1820's net debt to equity ratio (100.2%) is considered high.
Reducing Debt: 1820's debt to equity ratio has increased from 40.3% to 142.7% over the past 5 years.
Debt Coverage: 1820's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1820 earns more interest than it pays, so coverage of interest payments is not a concern.