Nittoc Construction Balance Sheet Health
Financial Health criteria checks 6/6
Nittoc Construction has a total shareholder equity of ¥33.9B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥54.4B and ¥20.5B respectively. Nittoc Construction's EBIT is ¥4.4B making its interest coverage ratio -69.1. It has cash and short-term investments of ¥19.6B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -69.1x |
Cash | JP¥19.64b |
Equity | JP¥33.92b |
Total liabilities | JP¥20.51b |
Total assets | JP¥54.43b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1929's short term assets (¥42.2B) exceed its short term liabilities (¥16.5B).
Long Term Liabilities: 1929's short term assets (¥42.2B) exceed its long term liabilities (¥4.0B).
Debt to Equity History and Analysis
Debt Level: 1929 is debt free.
Reducing Debt: 1929 has no debt compared to 5 years ago when its debt to equity ratio was 3.3%.
Debt Coverage: 1929 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1929 has no debt, therefore coverage of interest payments is not a concern.