Nakakita Seisakusho Balance Sheet Health
Financial Health criteria checks 5/6
Nakakita Seisakusho has a total shareholder equity of ¥24.6B and total debt of ¥1.7B, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are ¥31.5B and ¥6.9B respectively. Nakakita Seisakusho's EBIT is ¥1.4B making its interest coverage ratio -11.9. It has cash and short-term investments of ¥6.5B.
Key information
6.7%
Debt to equity ratio
JP¥1.66b
Debt
Interest coverage ratio | -11.9x |
Cash | JP¥6.48b |
Equity | JP¥24.63b |
Total liabilities | JP¥6.86b |
Total assets | JP¥31.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6496's short term assets (¥18.0B) exceed its short term liabilities (¥5.2B).
Long Term Liabilities: 6496's short term assets (¥18.0B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 6496 has more cash than its total debt.
Reducing Debt: 6496's debt to equity ratio has increased from 3.8% to 6.7% over the past 5 years.
Debt Coverage: 6496's debt is well covered by operating cash flow (123.7%).
Interest Coverage: 6496 earns more interest than it pays, so coverage of interest payments is not a concern.