Nihonwasou Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Nihonwasou Holdings has a total shareholder equity of ¥3.4B and total debt of ¥4.7B, which brings its debt-to-equity ratio to 137.2%. Its total assets and total liabilities are ¥9.2B and ¥5.8B respectively. Nihonwasou Holdings's EBIT is ¥374.0M making its interest coverage ratio 12.5. It has cash and short-term investments of ¥2.5B.
Key information
137.2%
Debt to equity ratio
JP¥4.72b
Debt
| Interest coverage ratio | 12.5x |
| Cash | JP¥2.55b |
| Equity | JP¥3.44b |
| Total liabilities | JP¥5.79b |
| Total assets | JP¥9.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2499's short term assets (¥8.9B) exceed its short term liabilities (¥3.6B).
Long Term Liabilities: 2499's short term assets (¥8.9B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 2499's net debt to equity ratio (63.2%) is considered high.
Reducing Debt: 2499's debt to equity ratio has reduced from 166.3% to 137.2% 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 (12.5x coverage).