Naikai Zosen Balance Sheet Health
Financial Health criteria checks 6/6
Naikai Zosen has a total shareholder equity of ¥9.9B and total debt of ¥7.3B, which brings its debt-to-equity ratio to 73.4%. Its total assets and total liabilities are ¥43.1B and ¥33.2B respectively. Naikai Zosen's EBIT is ¥1.1B making its interest coverage ratio 17.9. It has cash and short-term investments of ¥11.9B.
Key information
73.4%
Debt to equity ratio
JP¥7.30b
Debt
| Interest coverage ratio | 17.9x |
| Cash | JP¥11.90b |
| Equity | JP¥9.95b |
| Total liabilities | JP¥33.16b |
| Total assets | JP¥43.11b |
Recent financial health updates
Recent updates
Naikai Zosen (TSE:7018) Is Experiencing Growth In Returns On Capital
Oct 24
Little Excitement Around Naikai Zosen Corporation's (TSE:7018) Earnings As Shares Take 30% Pounding
Aug 02Is Naikai Zosen (TSE:7018) A Risky Investment?
Jul 24Solid Earnings Reflect Naikai Zosen's (TSE:7018) Strength As A Business
May 21Insufficient Growth At Naikai Zosen Corporation (TSE:7018) Hampers Share Price
May 14Naikai Zosen (TSE:7018) Might Have The Makings Of A Multi-Bagger
Mar 08Financial Position Analysis
Short Term Liabilities: 7018's short term assets (¥29.2B) exceed its short term liabilities (¥27.0B).
Long Term Liabilities: 7018's short term assets (¥29.2B) exceed its long term liabilities (¥6.2B).
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 121.3% to 73.4% over the past 5 years.
Debt Coverage: 7018's debt is well covered by operating cash flow (92.4%).
Interest Coverage: 7018's interest payments on its debt are well covered by EBIT (17.9x coverage).