Nippon Densetsu Kogyo Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Densetsu Kogyo has a total shareholder equity of ¥195.7B and total debt of ¥100.0M, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are ¥256.8B and ¥61.0B respectively. Nippon Densetsu Kogyo's EBIT is ¥14.0B making its interest coverage ratio -14.7. It has cash and short-term investments of ¥42.6B.
Key information
0.05%
Debt to equity ratio
JP¥100.00m
Debt
| Interest coverage ratio | -14.7x |
| Cash | JP¥42.63b |
| Equity | JP¥195.73b |
| Total liabilities | JP¥61.05b |
| Total assets | JP¥256.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1950's short term assets (¥140.5B) exceed its short term liabilities (¥46.4B).
Long Term Liabilities: 1950's short term assets (¥140.5B) exceed its long term liabilities (¥14.7B).
Debt to Equity History and Analysis
Debt Level: 1950 has more cash than its total debt.
Reducing Debt: 1950's debt to equity ratio has reduced from 0.06% to 0.05% over the past 5 years.
Debt Coverage: 1950's debt is well covered by operating cash flow (7383%).
Interest Coverage: 1950 earns more interest than it pays, so coverage of interest payments is not a concern.