Nitta Balance Sheet Health
Financial Health criteria checks 6/6
Nitta has a total shareholder equity of ¥150.0B and total debt of ¥154.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ¥175.6B and ¥25.6B respectively. Nitta's EBIT is ¥4.5B making its interest coverage ratio -8.3. It has cash and short-term investments of ¥35.4B.
Key information
0.1%
Debt to equity ratio
JP¥154.00m
Debt
| Interest coverage ratio | -8.3x |
| Cash | JP¥35.42b |
| Equity | JP¥150.02b |
| Total liabilities | JP¥25.58b |
| Total assets | JP¥175.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5186's short term assets (¥81.9B) exceed its short term liabilities (¥17.8B).
Long Term Liabilities: 5186's short term assets (¥81.9B) exceed its long term liabilities (¥7.8B).
Debt to Equity History and Analysis
Debt Level: 5186 has more cash than its total debt.
Reducing Debt: 5186's debt to equity ratio has reduced from 0.3% to 0.1% over the past 5 years.
Debt Coverage: 5186's debt is well covered by operating cash flow (4177.9%).
Interest Coverage: 5186 earns more interest than it pays, so coverage of interest payments is not a concern.