Soda Nikka Balance Sheet Health
Financial Health criteria checks 6/6
Soda Nikka has a total shareholder equity of ¥29.5B and total debt of ¥6.2B, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are ¥79.5B and ¥50.0B respectively. Soda Nikka's EBIT is ¥2.2B making its interest coverage ratio -5.9. It has cash and short-term investments of ¥9.7B.
Key information
20.9%
Debt to equity ratio
JP¥6.17b
Debt
Interest coverage ratio | -5.9x |
Cash | JP¥9.70b |
Equity | JP¥29.46b |
Total liabilities | JP¥50.04b |
Total assets | JP¥79.50b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8158's short term assets (¥57.6B) exceed its short term liabilities (¥45.3B).
Long Term Liabilities: 8158's short term assets (¥57.6B) exceed its long term liabilities (¥4.7B).
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 21.2% to 20.9% over the past 5 years.
Debt Coverage: 8158's debt is well covered by operating cash flow (55.6%).
Interest Coverage: 8158 earns more interest than it pays, so coverage of interest payments is not a concern.