Novac Balance Sheet Health
Financial Health criteria checks 4/6
Novac has a total shareholder equity of ¥18.4B and total debt of ¥3.9B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are ¥31.7B and ¥13.3B respectively. Novac's EBIT is ¥650.0M making its interest coverage ratio 92.9. It has cash and short-term investments of ¥3.1B.
Key information
21.2%
Debt to equity ratio
JP¥3.90b
Debt
Interest coverage ratio | 92.9x |
Cash | JP¥3.09b |
Equity | JP¥18.41b |
Total liabilities | JP¥13.26b |
Total assets | JP¥31.67b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5079's short term assets (¥28.6B) exceed its short term liabilities (¥13.1B).
Long Term Liabilities: 5079's short term assets (¥28.6B) exceed its long term liabilities (¥180.0M).
Debt to Equity History and Analysis
Debt Level: 5079's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 5079's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 5079's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 5079's interest payments on its debt are well covered by EBIT (92.9x coverage).