Nishio Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Nishio Holdings has a total shareholder equity of ¥128.0B and total debt of ¥57.0B, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are ¥289.2B and ¥161.2B respectively. Nishio Holdings's EBIT is ¥17.2B making its interest coverage ratio 13.2. It has cash and short-term investments of ¥47.7B.
Key information
44.5%
Debt to equity ratio
JP¥56.98b
Debt
Interest coverage ratio | 13.2x |
Cash | JP¥47.66b |
Equity | JP¥127.97b |
Total liabilities | JP¥161.22b |
Total assets | JP¥289.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9699's short term assets (¥116.2B) exceed its short term liabilities (¥87.2B).
Long Term Liabilities: 9699's short term assets (¥116.2B) exceed its long term liabilities (¥74.0B).
Debt to Equity History and Analysis
Debt Level: 9699's net debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: 9699's debt to equity ratio has increased from 18.4% to 44.5% over the past 5 years.
Debt Coverage: 9699's debt is well covered by operating cash flow (42.8%).
Interest Coverage: 9699's interest payments on its debt are well covered by EBIT (13.2x coverage).