Nihonwasou Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Nihonwasou Holdings has a total shareholder equity of ¥3.5B and total debt of ¥4.5B, which brings its debt-to-equity ratio to 126.9%. Its total assets and total liabilities are ¥9.1B and ¥5.6B respectively. Nihonwasou Holdings's EBIT is ¥453.0M making its interest coverage ratio 13.7. It has cash and short-term investments of ¥2.6B.
Key information
126.9%
Debt to equity ratio
JP¥4.46b
Debt
| Interest coverage ratio | 13.7x |
| Cash | JP¥2.59b |
| Equity | JP¥3.51b |
| Total liabilities | JP¥5.62b |
| Total assets | JP¥9.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2499's short term assets (¥8.8B) exceed its short term liabilities (¥3.7B).
Long Term Liabilities: 2499's short term assets (¥8.8B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 2499's net debt to equity ratio (53.1%) is considered high.
Reducing Debt: 2499's debt to equity ratio has reduced from 157% to 126.9% over the past 5 years.
Debt Coverage: 2499's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2499's interest payments on its debt are well covered by EBIT (13.7x coverage).