Nozaki Insatsu Shigyo Balance Sheet Health
Financial Health criteria checks 5/6
Nozaki Insatsu Shigyo has a total shareholder equity of ¥4.3B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 47.1%. Its total assets and total liabilities are ¥10.8B and ¥6.5B respectively. Nozaki Insatsu Shigyo's EBIT is ¥621.0M making its interest coverage ratio 621. It has cash and short-term investments of ¥1.6B.
Key information
47.1%
Debt to equity ratio
JP¥2.01b
Debt
Interest coverage ratio | 621x |
Cash | JP¥1.63b |
Equity | JP¥4.27b |
Total liabilities | JP¥6.48b |
Total assets | JP¥10.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7919's short term assets (¥5.3B) do not cover its short term liabilities (¥5.3B).
Long Term Liabilities: 7919's short term assets (¥5.3B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 7919's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: 7919's debt to equity ratio has reduced from 66.9% to 47.1% over the past 5 years.
Debt Coverage: 7919's debt is well covered by operating cash flow (54.9%).
Interest Coverage: 7919's interest payments on its debt are well covered by EBIT (621x coverage).