Nagase Balance Sheet Health
Financial Health criteria checks 6/6
Nagase has a total shareholder equity of ¥411.7B and total debt of ¥153.6B, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are ¥796.7B and ¥385.0B respectively. Nagase's EBIT is ¥37.2B making its interest coverage ratio 33.8. It has cash and short-term investments of ¥54.5B.
Key information
37.3%
Debt to equity ratio
JP¥153.60b
Debt
| Interest coverage ratio | 33.8x |
| Cash | JP¥54.48b |
| Equity | JP¥411.72b |
| Total liabilities | JP¥384.98b |
| Total assets | JP¥796.70b |
Recent financial health updates
No updates
Recent updates
Nagase's (TSE:8012) Earnings Are Of Questionable Quality
Nov 13
Slowing Rates Of Return At Nagase (TSE:8012) Leave Little Room For Excitement
Oct 14Not Many Are Piling Into Nagase & Co., Ltd. (TSE:8012) Just Yet
Sep 18Nagase (TSE:8012) Has Affirmed Its Dividend Of ¥40.00
Aug 27Investors Met With Slowing Returns on Capital At Nagase (TSE:8012)
Jun 03Cautious Investors Not Rewarding Nagase & Co., Ltd.'s (TSE:8012) Performance Completely
Apr 27Financial Position Analysis
Short Term Liabilities: 8012's short term assets (¥546.2B) exceed its short term liabilities (¥291.7B).
Long Term Liabilities: 8012's short term assets (¥546.2B) exceed its long term liabilities (¥93.3B).
Debt to Equity History and Analysis
Debt Level: 8012's net debt to equity ratio (24.1%) is considered satisfactory.
Reducing Debt: 8012's debt to equity ratio has reduced from 46% to 37.3% over the past 5 years.
Debt Coverage: 8012's debt is well covered by operating cash flow (30.4%).
Interest Coverage: 8012's interest payments on its debt are well covered by EBIT (33.8x coverage).