Nadex Balance Sheet Health
Financial Health criteria checks 4/6
Nadex has a total shareholder equity of ¥18.8B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are ¥29.8B and ¥11.0B respectively. Nadex's EBIT is ¥880.0M making its interest coverage ratio -9.4. It has cash and short-term investments of ¥4.2B.
Key information
7.8%
Debt to equity ratio
JP¥1.47b
Debt
| Interest coverage ratio | -9.4x |
| Cash | JP¥4.24b |
| Equity | JP¥18.79b |
| Total liabilities | JP¥10.99b |
| Total assets | JP¥29.77b |
Recent financial health updates
Here's Why Nadex (TYO:7435) Can Manage Its Debt Responsibly
Apr 12
These 4 Measures Indicate That Nadex (TYO:7435) Is Using Debt Reasonably Well
Jan 06
Recent updates
Nadex (TSE:7435) Will Pay A Dividend Of ¥24.00
Apr 25Nadex (TSE:7435) Will Pay A Dividend Of ¥24.00
Mar 25Nadex (TSE:7435) Is Due To Pay A Dividend Of ¥24.00
Mar 11Here's Why Nadex (TYO:7435) Can Manage Its Debt Responsibly
Apr 12Nadex (TYO:7435) Has Compensated Shareholders With A Respectable 100% Return On Their Investment
Mar 16Does Nadex Co., Ltd. (TYO:7435) Have A Place In Your Dividend Portfolio?
Feb 18Should You Use Nadex's (TYO:7435) Statutory Earnings To Analyse It?
Jan 27These 4 Measures Indicate That Nadex (TYO:7435) Is Using Debt Reasonably Well
Jan 06Nadex's (TYO:7435) Stock Price Has Reduced 58% In The Past Three Years
Dec 16Here's How We Evaluate Nadex Co., Ltd.'s (TYO:7435) Dividend
Nov 19Financial Position Analysis
Short Term Liabilities: 7435's short term assets (¥21.1B) exceed its short term liabilities (¥9.6B).
Long Term Liabilities: 7435's short term assets (¥21.1B) exceed its long term liabilities (¥1.4B).
Debt to Equity History and Analysis
Debt Level: 7435 has more cash than its total debt.
Reducing Debt: 7435's debt to equity ratio has increased from 1.8% to 7.8% over the past 5 years.
Debt Coverage: 7435's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7435 earns more interest than it pays, so coverage of interest payments is not a concern.