Nitcho Balance Sheet Health
Financial Health criteria checks 4/6
Nitcho has a total shareholder equity of ¥6.4B and total debt of ¥230.0M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ¥13.0B and ¥6.6B respectively.
Key information
3.6%
Debt to equity ratio
JP¥230.00m
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥4.52b |
| Equity | JP¥6.43b |
| Total liabilities | JP¥6.60b |
| Total assets | JP¥13.03b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2961's short term assets (¥9.8B) exceed its short term liabilities (¥5.4B).
Long Term Liabilities: 2961's short term assets (¥9.8B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 2961 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2961's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2961's debt is well covered by operating cash flow (379.1%).
Interest Coverage: Insufficient data to determine if 2961's interest payments on its debt are well covered by EBIT.