Nichiha Balance Sheet Health
Financial Health criteria checks 6/6
Nichiha has a total shareholder equity of ¥127.9B and total debt of ¥14.8B, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are ¥176.3B and ¥48.4B respectively. Nichiha's EBIT is ¥9.8B making its interest coverage ratio -41. It has cash and short-term investments of ¥22.0B.
Key information
11.5%
Debt to equity ratio
JP¥14.75b
Debt
| Interest coverage ratio | -41x |
| Cash | JP¥21.97b |
| Equity | JP¥127.93b |
| Total liabilities | JP¥48.40b |
| Total assets | JP¥176.33b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7943's short term assets (¥82.6B) exceed its short term liabilities (¥30.9B).
Long Term Liabilities: 7943's short term assets (¥82.6B) exceed its long term liabilities (¥17.5B).
Debt to Equity History and Analysis
Debt Level: 7943 has more cash than its total debt.
Reducing Debt: 7943's debt to equity ratio has reduced from 17.9% to 11.5% over the past 5 years.
Debt Coverage: 7943's debt is well covered by operating cash flow (68.9%).
Interest Coverage: 7943 earns more interest than it pays, so coverage of interest payments is not a concern.