Nadex Balance Sheet Health
Financial Health criteria checks 4/6
Nadex has a total shareholder equity of ¥19.6B and total debt of ¥1.4B, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are ¥31.4B and ¥11.8B respectively. Nadex's EBIT is ¥959.0M making its interest coverage ratio -8.8. It has cash and short-term investments of ¥4.5B.
Key information
7.2%
Debt to equity ratio
JP¥1.41b
Debt
Interest coverage ratio | -8.8x |
Cash | JP¥4.48b |
Equity | JP¥19.60b |
Total liabilities | JP¥11.79b |
Total assets | JP¥31.38b |
Recent financial health updates
Nadex (TSE:7435) Seems To Use Debt Quite Sensibly
Aug 08Here's Why Nadex (TYO:7435) Can Manage Its Debt Responsibly
Apr 12These 4 Measures Indicate That Nadex (TYO:7435) Is Using Debt Reasonably Well
Jan 06Recent updates
Nadex (TSE:7435) Seems To Use Debt Quite Sensibly
Aug 08Nadex (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 (¥22.6B) exceed its short term liabilities (¥10.5B).
Long Term Liabilities: 7435's short term assets (¥22.6B) exceed its long term liabilities (¥1.2B).
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 1.7% to 7.2% over the past 5 years.
Debt Coverage: 7435's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: 7435 earns more interest than it pays, so coverage of interest payments is not a concern.