Naikai Zosen Balance Sheet Health
Financial Health criteria checks 5/6
Naikai Zosen has a total shareholder equity of ¥9.7B and total debt of ¥9.8B, which brings its debt-to-equity ratio to 101.2%. Its total assets and total liabilities are ¥45.1B and ¥35.5B respectively. Naikai Zosen's EBIT is ¥2.8B making its interest coverage ratio 37.4. It has cash and short-term investments of ¥15.1B.
Key information
101.2%
Debt to equity ratio
JP¥9.78b
Debt
| Interest coverage ratio | 37.4x |
| Cash | JP¥15.12b |
| Equity | JP¥9.67b |
| Total liabilities | JP¥35.45b |
| Total assets | JP¥45.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7018's short term assets (¥31.6B) exceed its short term liabilities (¥27.3B).
Long Term Liabilities: 7018's short term assets (¥31.6B) exceed its long term liabilities (¥8.2B).
Debt to Equity History and Analysis
Debt Level: 7018 has more cash than its total debt.
Reducing Debt: 7018's debt to equity ratio has reduced from 112.8% to 101.2% over the past 5 years.
Debt Coverage: 7018's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: 7018's interest payments on its debt are well covered by EBIT (37.4x coverage).