Nagase Balance Sheet Health
Financial Health criteria checks 5/6
Nagase has a total shareholder equity of ¥395.1B and total debt of ¥155.9B, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are ¥788.4B and ¥393.2B respectively. Nagase's EBIT is ¥29.0B making its interest coverage ratio 15.4. It has cash and short-term investments of ¥53.3B.
Key information
39.5%
Debt to equity ratio
JP¥155.88b
Debt
Interest coverage ratio | 15.4x |
Cash | JP¥53.27b |
Equity | JP¥395.12b |
Total liabilities | JP¥393.25b |
Total assets | JP¥788.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8012's short term assets (¥542.3B) exceed its short term liabilities (¥296.6B).
Long Term Liabilities: 8012's short term assets (¥542.3B) exceed its long term liabilities (¥96.7B).
Debt to Equity History and Analysis
Debt Level: 8012's net debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: 8012's debt to equity ratio has increased from 32.1% to 39.5% over the past 5 years.
Debt Coverage: 8012's debt is well covered by operating cash flow (42.1%).
Interest Coverage: 8012's interest payments on its debt are well covered by EBIT (15.4x coverage).