Nabtesco Balance Sheet Health
Financial Health criteria checks 6/6
Nabtesco has a total shareholder equity of ¥278.1B and total debt of ¥29.2B, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are ¥425.7B and ¥147.6B respectively. Nabtesco's EBIT is ¥15.6B making its interest coverage ratio 3.3. It has cash and short-term investments of ¥73.3B.
Key information
10.5%
Debt to equity ratio
JP¥29.20b
Debt
Interest coverage ratio | 3.3x |
Cash | JP¥73.31b |
Equity | JP¥278.07b |
Total liabilities | JP¥147.58b |
Total assets | JP¥425.65b |
Financial Position Analysis
Short Term Liabilities: 6268's short term assets (¥219.1B) exceed its short term liabilities (¥110.6B).
Long Term Liabilities: 6268's short term assets (¥219.1B) exceed its long term liabilities (¥37.0B).
Debt to Equity History and Analysis
Debt Level: 6268 has more cash than its total debt.
Reducing Debt: 6268's debt to equity ratio has reduced from 22% to 10.5% over the past 5 years.
Debt Coverage: 6268's debt is well covered by operating cash flow (38.3%).
Interest Coverage: 6268's interest payments on its debt are well covered by EBIT (3.3x coverage).