Trusco Nakayama Balance Sheet Health
Financial Health criteria checks 5/6
Trusco Nakayama has a total shareholder equity of ¥163.0B and total debt of ¥50.0B, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are ¥249.2B and ¥86.2B respectively. Trusco Nakayama's EBIT is ¥19.5B making its interest coverage ratio 442.6. It has cash and short-term investments of ¥39.9B.
Key information
30.7%
Debt to equity ratio
JP¥50.00b
Debt
Interest coverage ratio | 442.6x |
Cash | JP¥39.92b |
Equity | JP¥163.03b |
Total liabilities | JP¥86.16b |
Total assets | JP¥249.19b |
Financial Position Analysis
Short Term Liabilities: 9830's short term assets (¥132.6B) exceed its short term liabilities (¥51.7B).
Long Term Liabilities: 9830's short term assets (¥132.6B) exceed its long term liabilities (¥34.4B).
Debt to Equity History and Analysis
Debt Level: 9830's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: 9830's debt to equity ratio has increased from 28% to 30.7% over the past 5 years.
Debt Coverage: 9830's debt is well covered by operating cash flow (29.6%).
Interest Coverage: 9830's interest payments on its debt are well covered by EBIT (442.6x coverage).