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 ¥4.7B, which brings its debt-to-equity ratio to 135.9%. Its total assets and total liabilities are ¥9.2B and ¥5.8B respectively. Nihonwasou Holdings's EBIT is ¥394.0M making its interest coverage ratio 15.2. It has cash and short-term investments of ¥2.7B.
Key information
135.9%
Debt to equity ratio
JP¥4.70b
Debt
Interest coverage ratio | 15.2x |
Cash | JP¥2.67b |
Equity | JP¥3.46b |
Total liabilities | JP¥5.75b |
Total assets | JP¥9.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2499's short term assets (¥8.9B) exceed its short term liabilities (¥3.8B).
Long Term Liabilities: 2499's short term assets (¥8.9B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 2499's net debt to equity ratio (58.6%) is considered high.
Reducing Debt: 2499's debt to equity ratio has reduced from 162.6% to 135.9% 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 (15.2x coverage).