Nichireki Group Balance Sheet Health
Financial Health criteria checks 5/6
Nichireki Group has a total shareholder equity of ¥73.7B and total debt of ¥1.3B, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ¥93.8B and ¥20.2B respectively. Nichireki Group's EBIT is ¥6.0B making its interest coverage ratio -25.2. It has cash and short-term investments of ¥25.9B.
Key information
1.8%
Debt to equity ratio
JP¥1.30b
Debt
| Interest coverage ratio | -25.2x |
| Cash | JP¥25.92b |
| Equity | JP¥73.69b |
| Total liabilities | JP¥20.15b |
| Total assets | JP¥93.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5011's short term assets (¥43.9B) exceed its short term liabilities (¥17.8B).
Long Term Liabilities: 5011's short term assets (¥43.9B) exceed its long term liabilities (¥2.3B).
Debt to Equity History and Analysis
Debt Level: 5011 has more cash than its total debt.
Reducing Debt: 5011's debt to equity ratio has increased from 1.5% to 1.8% over the past 5 years.
Debt Coverage: 5011's debt is well covered by operating cash flow (568.3%).
Interest Coverage: 5011 earns more interest than it pays, so coverage of interest payments is not a concern.