Naito Balance Sheet Health
Financial Health criteria checks 5/6
Naito has a total shareholder equity of ¥12.8B and total debt of ¥876.0M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are ¥17.8B and ¥5.0B respectively. Naito's EBIT is ¥506.0M making its interest coverage ratio -63.3. It has cash and short-term investments of ¥138.0M.
Key information
6.8%
Debt to equity ratio
JP¥876.00m
Debt
Interest coverage ratio | -63.3x |
Cash | JP¥138.00m |
Equity | JP¥12.83b |
Total liabilities | JP¥4.95b |
Total assets | JP¥17.78b |
Recent financial health updates
Naito (TYO:7624) Could Easily Take On More Debt
May 04These 4 Measures Indicate That Naito (TYO:7624) Is Using Debt Safely
Jan 13Recent updates
Naito (TYO:7624) Could Easily Take On More Debt
May 04Capital Allocation Trends At Naito (TYO:7624) Aren't Ideal
Apr 06Reflecting on Naito's (TYO:7624) Share Price Returns Over The Last Three Years
Mar 16Just Three Days Till Naito & Co., Ltd. (TYO:7624) Will Be Trading Ex-Dividend
Feb 20Is Naito & Co., Ltd. (TYO:7624) A Good Fit For Your Dividend Portfolio?
Feb 03These 4 Measures Indicate That Naito (TYO:7624) Is Using Debt Safely
Jan 13What Naito's (TYO:7624) Returns On Capital Can Tell Us
Dec 22Reflecting on Naito's (TYO:7624) Share Price Returns Over The Last Three Years
Dec 04Financial Position Analysis
Short Term Liabilities: 7624's short term assets (¥14.7B) exceed its short term liabilities (¥4.8B).
Long Term Liabilities: 7624's short term assets (¥14.7B) exceed its long term liabilities (¥160.0M).
Debt to Equity History and Analysis
Debt Level: 7624's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: 7624's debt to equity ratio has reduced from 18.3% to 6.8% over the past 5 years.
Debt Coverage: 7624's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: 7624 earns more interest than it pays, so coverage of interest payments is not a concern.