Nippon Sharyo Balance Sheet Health
Financial Health criteria checks 4/6
Nippon Sharyo has a total shareholder equity of ¥62.4B and total debt of ¥37.5B, which brings its debt-to-equity ratio to 60.2%. Its total assets and total liabilities are ¥129.4B and ¥67.0B respectively. Nippon Sharyo's EBIT is ¥6.4B making its interest coverage ratio -43.8. It has cash and short-term investments of ¥4.1B.
Key information
60.2%
Debt to equity ratio
JP¥37.55b
Debt
| Interest coverage ratio | -43.8x |
| Cash | JP¥4.13b |
| Equity | JP¥62.41b |
| Total liabilities | JP¥67.03b |
| Total assets | JP¥129.44b |
Financial Position Analysis
Short Term Liabilities: 7102's short term assets (¥72.0B) exceed its short term liabilities (¥25.2B).
Long Term Liabilities: 7102's short term assets (¥72.0B) exceed its long term liabilities (¥41.9B).
Debt to Equity History and Analysis
Debt Level: 7102's net debt to equity ratio (53.5%) is considered high.
Reducing Debt: 7102's debt to equity ratio has reduced from 162.4% to 60.2% over the past 5 years.
Debt Coverage: 7102's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7102 earns more interest than it pays, so coverage of interest payments is not a concern.