Nexyz. Group Balance Sheet Health
Financial Health criteria checks 4/6
Nexyz. Group has a total shareholder equity of ¥3.1B and total debt of ¥6.1B, which brings its debt-to-equity ratio to 192.8%. Its total assets and total liabilities are ¥15.3B and ¥12.2B respectively. Nexyz. Group's EBIT is ¥767.0M making its interest coverage ratio 29.5. It has cash and short-term investments of ¥5.9B.
Key information
192.8%
Debt to equity ratio
JP¥6.07b
Debt
Interest coverage ratio | 29.5x |
Cash | JP¥5.88b |
Equity | JP¥3.15b |
Total liabilities | JP¥12.16b |
Total assets | JP¥15.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4346's short term assets (¥11.1B) exceed its short term liabilities (¥9.5B).
Long Term Liabilities: 4346's short term assets (¥11.1B) exceed its long term liabilities (¥2.7B).
Debt to Equity History and Analysis
Debt Level: 4346's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: 4346's debt to equity ratio has increased from 33.8% to 192.8% over the past 5 years.
Debt Coverage: 4346's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: 4346's interest payments on its debt are well covered by EBIT (29.5x coverage).