Nihon Kogyo Balance Sheet Health
Financial Health criteria checks 6/6
Nihon Kogyo has a total shareholder equity of ¥7.7B and total debt of ¥3.3B, which brings its debt-to-equity ratio to 42.7%. Its total assets and total liabilities are ¥15.6B and ¥8.0B respectively. Nihon Kogyo's EBIT is ¥415.0M making its interest coverage ratio -103.8. It has cash and short-term investments of ¥1.5B.
Key information
42.7%
Debt to equity ratio
JP¥3.27b
Debt
| Interest coverage ratio | -103.8x |
| Cash | JP¥1.45b |
| Equity | JP¥7.66b |
| Total liabilities | JP¥7.96b |
| Total assets | JP¥15.62b |
Recent financial health updates
Recent updates
Here's What You Should Know About Nihon Kogyo Co., Ltd.'s (TYO:5279) 2.5% Dividend Yield
Apr 21
Returns On Capital - An Important Metric For Nihon Kogyo (TYO:5279)
Mar 01Would Nihon Kogyo Co., Ltd. (TYO:5279) Be Valuable To Income Investors?
Jan 17Is Nihon Kogyo (TYO:5279) A Risky Investment?
Dec 20Is There More Growth In Store For Nihon Kogyo's (TYO:5279) Returns On Capital?
Nov 29
Financial Position Analysis
Short Term Liabilities: 5279's short term assets (¥8.2B) exceed its short term liabilities (¥6.6B).
Long Term Liabilities: 5279's short term assets (¥8.2B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 5279's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: 5279's debt to equity ratio has reduced from 68.5% to 42.7% over the past 5 years.
Debt Coverage: 5279's debt is well covered by operating cash flow (38.4%).
Interest Coverage: 5279 earns more interest than it pays, so coverage of interest payments is not a concern.