Narasaki Sangyo Co., Ltd.

TSE:8085 Stock Report

Market Cap: JP¥13.8b

Narasaki Sangyo Balance Sheet Health

Financial Health criteria checks 6/6

Narasaki Sangyo has a total shareholder equity of ¥24.2B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are ¥55.5B and ¥31.3B respectively. Narasaki Sangyo's EBIT is ¥3.2B making its interest coverage ratio -59.1. It has cash and short-term investments of ¥12.4B.

Key information

7.7%

Debt to equity ratio

JP¥1.85b

Debt

Interest coverage ratio-59.1x
CashJP¥12.45b
EquityJP¥24.18b
Total liabilitiesJP¥31.33b
Total assetsJP¥55.51b

Recent financial health updates

No updates

Recent updates

Narasaki Sangyo (TSE:8085) Is Reinvesting At Lower Rates Of Return

Aug 05
Narasaki Sangyo (TSE:8085) Is Reinvesting At Lower Rates Of Return

Solid Earnings May Not Tell The Whole Story For Narasaki Sangyo (TSE:8085)

May 21
Solid Earnings May Not Tell The Whole Story For Narasaki Sangyo (TSE:8085)

Financial Position Analysis

Short Term Liabilities: 8085's short term assets (¥38.9B) exceed its short term liabilities (¥26.8B).

Long Term Liabilities: 8085's short term assets (¥38.9B) exceed its long term liabilities (¥4.5B).

Debt to Equity History and Analysis

Debt Level: 8085 has more cash than its total debt.

Reducing Debt: 8085's debt to equity ratio has reduced from 17% to 7.7% over the past 5 years.

Debt Coverage: 8085's debt is well covered by operating cash flow (170.8%).

Interest Coverage: 8085 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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