Nippon Densetsu Kogyo Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Densetsu Kogyo has a total shareholder equity of ¥199.1B and total debt of ¥100.0M, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are ¥282.6B and ¥83.5B respectively. Nippon Densetsu Kogyo's EBIT is ¥13.4B making its interest coverage ratio -15.9. It has cash and short-term investments of ¥36.2B.
Key information
0.05%
Debt to equity ratio
JP¥100.00m
Debt
Interest coverage ratio | -15.9x |
Cash | JP¥36.21b |
Equity | JP¥199.11b |
Total liabilities | JP¥83.48b |
Total assets | JP¥282.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1950's short term assets (¥167.2B) exceed its short term liabilities (¥69.0B).
Long Term Liabilities: 1950's short term assets (¥167.2B) exceed its long term liabilities (¥14.5B).
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.