Naito Balance Sheet Health
Financial Health criteria checks 6/6
Naito has a total shareholder equity of ¥12.7B and total debt of ¥991.0M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are ¥17.6B and ¥4.9B respectively. Naito's EBIT is ¥316.0M making its interest coverage ratio -39.5. It has cash and short-term investments of ¥130.0M.
Key information
7.8%
Debt to equity ratio
JP¥991.00m
Debt
| Interest coverage ratio | -39.5x |
| Cash | JP¥130.00m |
| Equity | JP¥12.69b |
| Total liabilities | JP¥4.93b |
| Total assets | JP¥17.62b |
Recent financial health updates
Naito (TYO:7624) Could Easily Take On More Debt
May 04
These 4 Measures Indicate That Naito (TYO:7624) Is Using Debt Safely
Jan 13
Recent updates
Getting In Cheap On Naito & Co., Ltd. (TSE:7624) Is Unlikely
Aug 07Naito (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 (¥14.5B) exceed its short term liabilities (¥4.8B).
Long Term Liabilities: 7624's short term assets (¥14.5B) exceed its long term liabilities (¥148.0M).
Debt to Equity History and Analysis
Debt Level: 7624's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: 7624's debt to equity ratio has reduced from 19.3% to 7.8% over the past 5 years.
Debt Coverage: 7624's debt is well covered by operating cash flow (60%).
Interest Coverage: 7624 earns more interest than it pays, so coverage of interest payments is not a concern.