Nippon Tungsten Financial Health

Short Term Liabilities: 6998's short term assets (¥10.6B) exceed its short term liabilities (¥5.4B).

Long Term Liabilities: 6998's short term assets (¥10.6B) exceed its long term liabilities (¥294.0M).

Debt Level: 6998 has more cash than its total debt.

Reducing Debt: 6998's debt to equity ratio has reduced from 28.1% to 21.6% over the past 5 years.

Debt Coverage: 6998's debt is well covered by operating cash flow (61.1%).

Interest Coverage: 6998 earns more interest than it pays, so coverage of interest payments is not a concern.

• Healthy companies in the Capital Goods industry.