Nozaki Insatsu Shigyo Balance Sheet Health
Financial Health criteria checks 6/6
Nozaki Insatsu Shigyo has a total shareholder equity of ¥4.3B and total debt of ¥2.6B, which brings its debt-to-equity ratio to 60.8%. Its total assets and total liabilities are ¥10.8B and ¥6.4B respectively. Nozaki Insatsu Shigyo's EBIT is ¥685.0M making its interest coverage ratio 342.5. It has cash and short-term investments of ¥1.6B.
Key information
60.8%
Debt to equity ratio
JP¥2.64b
Debt
| Interest coverage ratio | 342.5x |
| Cash | JP¥1.57b |
| Equity | JP¥4.34b |
| Total liabilities | JP¥6.42b |
| Total assets | JP¥10.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7919's short term assets (¥5.1B) exceed its short term liabilities (¥4.8B).
Long Term Liabilities: 7919's short term assets (¥5.1B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 7919's net debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: 7919's debt to equity ratio has reduced from 87.6% to 60.8% over the past 5 years.
Debt Coverage: 7919's debt is well covered by operating cash flow (40.6%).
Interest Coverage: 7919's interest payments on its debt are well covered by EBIT (342.5x coverage).