Namura Shipbuilding Balance Sheet Health
Financial Health criteria checks 6/6
Namura Shipbuilding has a total shareholder equity of ¥67.7B and total debt of ¥10.4B, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are ¥156.2B and ¥88.5B respectively. Namura Shipbuilding's EBIT is ¥11.5B making its interest coverage ratio -10.7. It has cash and short-term investments of ¥41.2B.
Key information
15.3%
Debt to equity ratio
JP¥10.38b
Debt
| Interest coverage ratio | -10.7x |
| Cash | JP¥41.24b |
| Equity | JP¥67.67b |
| Total liabilities | JP¥88.52b |
| Total assets | JP¥156.18b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7014's short term assets (¥97.0B) exceed its short term liabilities (¥67.1B).
Long Term Liabilities: 7014's short term assets (¥97.0B) exceed its long term liabilities (¥21.4B).
Debt to Equity History and Analysis
Debt Level: 7014 has more cash than its total debt.
Reducing Debt: 7014's debt to equity ratio has reduced from 23.8% to 15.3% over the past 5 years.
Debt Coverage: 7014's debt is well covered by operating cash flow (127.9%).
Interest Coverage: 7014 earns more interest than it pays, so coverage of interest payments is not a concern.