Nikkato Balance Sheet Health
Financial Health criteria checks 5/6
Nikkato has a total shareholder equity of ¥12.4B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are ¥16.9B and ¥4.5B respectively. Nikkato's EBIT is ¥1.1B making its interest coverage ratio -22.6. It has cash and short-term investments of ¥3.5B.
Key information
9.3%
Debt to equity ratio
JP¥1.16b
Debt
Interest coverage ratio | -22.6x |
Cash | JP¥3.51b |
Equity | JP¥12.39b |
Total liabilities | JP¥4.50b |
Total assets | JP¥16.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5367's short term assets (¥10.3B) exceed its short term liabilities (¥3.6B).
Long Term Liabilities: 5367's short term assets (¥10.3B) exceed its long term liabilities (¥896.5M).
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 (81.2%).
Interest Coverage: 5367 earns more interest than it pays, so coverage of interest payments is not a concern.