NISSO PRONITY Balance Sheet Health
Financial Health criteria checks 4/6
NISSO PRONITY has a total shareholder equity of ¥12.1B and total debt of ¥7.2B, which brings its debt-to-equity ratio to 59.3%. Its total assets and total liabilities are ¥22.4B and ¥10.3B respectively. NISSO PRONITY's EBIT is ¥1.3B making its interest coverage ratio 33.6. It has cash and short-term investments of ¥6.2B.
Key information
59.3%
Debt to equity ratio
JP¥7.15b
Debt
| Interest coverage ratio | 33.6x |
| Cash | JP¥6.15b |
| Equity | JP¥12.06b |
| Total liabilities | JP¥10.35b |
| Total assets | JP¥22.41b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3440's short term assets (¥14.3B) exceed its short term liabilities (¥6.3B).
Long Term Liabilities: 3440's short term assets (¥14.3B) exceed its long term liabilities (¥4.1B).
Debt to Equity History and Analysis
Debt Level: 3440's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: 3440's debt to equity ratio has increased from 33.4% to 59.3% over the past 5 years.
Debt Coverage: 3440's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3440's interest payments on its debt are well covered by EBIT (33.6x coverage).