Soda Nikka Balance Sheet Health
Financial Health criteria checks 6/6
Soda Nikka has a total shareholder equity of ¥28.2B and total debt of ¥5.7B, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are ¥78.7B and ¥50.5B respectively. Soda Nikka's EBIT is ¥2.1B making its interest coverage ratio -5.5. It has cash and short-term investments of ¥9.5B.
Key information
20.1%
Debt to equity ratio
JP¥5.67b
Debt
Interest coverage ratio | -5.5x |
Cash | JP¥9.46b |
Equity | JP¥28.23b |
Total liabilities | JP¥50.50b |
Total assets | JP¥78.73b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8158's short term assets (¥59.1B) exceed its short term liabilities (¥46.0B).
Long Term Liabilities: 8158's short term assets (¥59.1B) exceed its long term liabilities (¥4.5B).
Debt to Equity History and Analysis
Debt Level: 8158 has more cash than its total debt.
Reducing Debt: 8158's debt to equity ratio has reduced from 21.6% to 20.1% over the past 5 years.
Debt Coverage: 8158's debt is well covered by operating cash flow (61.1%).
Interest Coverage: 8158 earns more interest than it pays, so coverage of interest payments is not a concern.