NISSO PRONITY Balance Sheet Health
Financial Health criteria checks 4/6
NISSO PRONITY has a total shareholder equity of ¥11.6B and total debt of ¥6.9B, which brings its debt-to-equity ratio to 59.3%. Its total assets and total liabilities are ¥21.7B and ¥10.1B respectively. NISSO PRONITY's EBIT is ¥792.0M making its interest coverage ratio 23.3. It has cash and short-term investments of ¥6.1B.
Key information
59.3%
Debt to equity ratio
JP¥6.86b
Debt
Interest coverage ratio | 23.3x |
Cash | JP¥6.06b |
Equity | JP¥11.57b |
Total liabilities | JP¥10.13b |
Total assets | JP¥21.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3440's short term assets (¥13.8B) exceed its short term liabilities (¥5.8B).
Long Term Liabilities: 3440's short term assets (¥13.8B) exceed its long term liabilities (¥4.3B).
Debt to Equity History and Analysis
Debt Level: 3440's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: 3440's debt to equity ratio has increased from 41.2% to 59.3% over the past 5 years.
Debt Coverage: 3440's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: 3440's interest payments on its debt are well covered by EBIT (23.3x coverage).