Nikkato Balance Sheet Health
Financial Health criteria checks 5/6
Nikkato has a total shareholder equity of ¥13.1B and total debt of ¥935.2M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are ¥17.2B and ¥4.1B respectively. Nikkato's EBIT is ¥918.3M making its interest coverage ratio -15. It has cash and short-term investments of ¥3.4B.
Key information
7.2%
Debt to equity ratio
JP¥935.24m
Debt
| Interest coverage ratio | -15x |
| Cash | JP¥3.38b |
| Equity | JP¥13.07b |
| Total liabilities | JP¥4.12b |
| Total assets | JP¥17.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5367's short term assets (¥10.1B) exceed its short term liabilities (¥3.3B).
Long Term Liabilities: 5367's short term assets (¥10.1B) exceed its long term liabilities (¥817.4M).
Debt to Equity History and Analysis
Debt Level: 5367 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 5367's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 5367's debt is well covered by operating cash flow (83.9%).
Interest Coverage: 5367 earns more interest than it pays, so coverage of interest payments is not a concern.