Nareru Group Balance Sheet Health
Financial Health criteria checks 5/6
Nareru Group has a total shareholder equity of ¥12.0B and total debt of ¥6.1B, which brings its debt-to-equity ratio to 50.9%. Its total assets and total liabilities are ¥21.3B and ¥9.3B respectively. Nareru Group's EBIT is ¥2.6B making its interest coverage ratio 57.3. It has cash and short-term investments of ¥3.1B.
Key information
50.9%
Debt to equity ratio
JP¥6.11b
Debt
Interest coverage ratio | 57.3x |
Cash | JP¥3.12b |
Equity | JP¥12.00b |
Total liabilities | JP¥9.30b |
Total assets | JP¥21.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9163's short term assets (¥6.1B) exceed its short term liabilities (¥5.5B).
Long Term Liabilities: 9163's short term assets (¥6.1B) exceed its long term liabilities (¥3.8B).
Debt to Equity History and Analysis
Debt Level: 9163's net debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9163's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9163's debt is well covered by operating cash flow (36.2%).
Interest Coverage: 9163's interest payments on its debt are well covered by EBIT (57.3x coverage).