Nareru Group Balance Sheet Health
Financial Health criteria checks 5/6
Nareru Group has a total shareholder equity of ¥12.7B and total debt of ¥5.9B, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are ¥22.0B and ¥9.3B respectively. Nareru Group's EBIT is ¥2.8B making its interest coverage ratio -340.6. It has cash and short-term investments of ¥3.5B.
Key information
46.6%
Debt to equity ratio
JP¥5.93b
Debt
| Interest coverage ratio | -340.6x |
| Cash | JP¥3.45b |
| Equity | JP¥12.71b |
| Total liabilities | JP¥9.31b |
| Total assets | JP¥22.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9163's short term assets (¥6.8B) exceed its short term liabilities (¥5.8B).
Long Term Liabilities: 9163's short term assets (¥6.8B) exceed its long term liabilities (¥3.5B).
Debt to Equity History and Analysis
Debt Level: 9163's net debt to equity ratio (19.5%) 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 (35.9%).
Interest Coverage: 9163 earns more interest than it pays, so coverage of interest payments is not a concern.