Nac Balance Sheet Health
Financial Health criteria checks 6/6
Nac has a total shareholder equity of ¥22.1B and total debt of ¥7.5B, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are ¥40.2B and ¥18.0B respectively. Nac's EBIT is ¥2.5B making its interest coverage ratio -116.7. It has cash and short-term investments of ¥9.2B.
Key information
33.8%
Debt to equity ratio
JP¥7.49b
Debt
| Interest coverage ratio | -116.7x |
| Cash | JP¥9.17b |
| Equity | JP¥22.15b |
| Total liabilities | JP¥18.00b |
| Total assets | JP¥40.15b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9788's short term assets (¥25.6B) exceed its short term liabilities (¥13.0B).
Long Term Liabilities: 9788's short term assets (¥25.6B) exceed its long term liabilities (¥5.0B).
Debt to Equity History and Analysis
Debt Level: 9788 has more cash than its total debt.
Reducing Debt: 9788's debt to equity ratio has reduced from 60.7% to 33.8% over the past 5 years.
Debt Coverage: 9788's debt is well covered by operating cash flow (31.9%).
Interest Coverage: 9788 earns more interest than it pays, so coverage of interest payments is not a concern.