Nakano RefrigeratorsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Nakano RefrigeratorsLtd has a total shareholder equity of ¥26.8B and total debt of ¥250.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ¥35.4B and ¥8.6B respectively. Nakano RefrigeratorsLtd's EBIT is ¥2.4B making its interest coverage ratio -30.1. It has cash and short-term investments of ¥17.1B.
Key information
0.9%
Debt to equity ratio
JP¥250.00m
Debt
| Interest coverage ratio | -30.1x |
| Cash | JP¥17.11b |
| Equity | JP¥26.78b |
| Total liabilities | JP¥8.58b |
| Total assets | JP¥35.36b |
Recent financial health updates
Recent updates
Does It Make Sense To Buy Nakano Refrigerators Co.,Ltd. (TYO:6411) For Its Yield?
Apr 22
Is Nakano RefrigeratorsLtd (TYO:6411) Struggling?
Mar 05Shareholders Of Nakano RefrigeratorsLtd (TYO:6411) Must Be Happy With Their 168% Total Return
Feb 18
Is Nakano RefrigeratorsLtd (TYO:6411) Using Too Much Debt?
Feb 03How Does Nakano Refrigerators Co.,Ltd. (TYO:6411) Fare As A Dividend Stock?
Jan 19What Is The Ownership Structure Like For Nakano Refrigerators Co.,Ltd. (TYO:6411)?
Jan 04Nakano Refrigerators Co.,Ltd.'s (TYO:6411) Financial Prospects Don't Look Very Positive: Could It Mean A Stock Price Drop In The Future?
Dec 21Here's What's Concerning About Nakano RefrigeratorsLtd (TYO:6411)
Dec 01Financial Position Analysis
Short Term Liabilities: 6411's short term assets (¥27.0B) exceed its short term liabilities (¥5.2B).
Long Term Liabilities: 6411's short term assets (¥27.0B) exceed its long term liabilities (¥3.4B).
Debt to Equity History and Analysis
Debt Level: 6411 has more cash than its total debt.
Reducing Debt: 6411's debt to equity ratio has increased from 0.9% to 0.9% over the past 5 years.
Debt Coverage: 6411's debt is well covered by operating cash flow (887.6%).
Interest Coverage: 6411 earns more interest than it pays, so coverage of interest payments is not a concern.