NIPPON KANZAI HoldingsLtd Balance Sheet Health
Financial Health criteria checks 6/6
NIPPON KANZAI HoldingsLtd has a total shareholder equity of ¥69.2B and total debt of ¥510.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ¥92.0B and ¥22.8B respectively. NIPPON KANZAI HoldingsLtd's EBIT is ¥8.3B making its interest coverage ratio -38.2. It has cash and short-term investments of ¥32.4B.
Key information
0.7%
Debt to equity ratio
JP¥510.00m
Debt
Interest coverage ratio | -38.2x |
Cash | JP¥32.44b |
Equity | JP¥69.15b |
Total liabilities | JP¥22.81b |
Total assets | JP¥91.96b |
Recent financial health updates
No updates
Recent updates
NIPPON KANZAI HoldingsLtd (TSE:9347) Is Due To Pay A Dividend Of ¥27.00
Aug 09NIPPON KANZAI HoldingsLtd's (TSE:9347) Dividend Will Be ¥27.00
Jul 26NIPPON KANZAI HoldingsLtd (TSE:9347) Has Affirmed Its Dividend Of ¥27.00
Jul 12NIPPON KANZAI HoldingsLtd (TSE:9347) Has Announced A Dividend Of ¥27.00
Mar 21Financial Position Analysis
Short Term Liabilities: 9347's short term assets (¥54.9B) exceed its short term liabilities (¥16.3B).
Long Term Liabilities: 9347's short term assets (¥54.9B) exceed its long term liabilities (¥6.5B).
Debt to Equity History and Analysis
Debt Level: 9347 has more cash than its total debt.
Reducing Debt: 9347's debt to equity ratio has reduced from 9.5% to 0.7% over the past 5 years.
Debt Coverage: 9347's debt is well covered by operating cash flow (1073.1%).
Interest Coverage: 9347 earns more interest than it pays, so coverage of interest payments is not a concern.