Nakano Balance Sheet Health
Financial Health criteria checks 5/6
Nakano has a total shareholder equity of ¥42.9B and total debt of ¥822.0M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ¥78.6B and ¥35.7B respectively. Nakano's EBIT is ¥3.5B making its interest coverage ratio -8.4. It has cash and short-term investments of ¥21.6B.
Key information
1.9%
Debt to equity ratio
JP¥822.00m
Debt
| Interest coverage ratio | -8.4x |
| Cash | JP¥21.59b |
| Equity | JP¥42.91b |
| Total liabilities | JP¥35.73b |
| Total assets | JP¥78.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1827's short term assets (¥51.8B) exceed its short term liabilities (¥32.9B).
Long Term Liabilities: 1827's short term assets (¥51.8B) exceed its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 1827 has more cash than its total debt.
Reducing Debt: 1827's debt to equity ratio has reduced from 8.9% to 1.9% over the past 5 years.
Debt Coverage: 1827's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1827 earns more interest than it pays, so coverage of interest payments is not a concern.