Nac Balance Sheet Health
Financial Health criteria checks 5/6
Nac has a total shareholder equity of ¥22.7B and total debt of ¥6.4B, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are ¥37.6B and ¥14.9B respectively. Nac's EBIT is ¥2.3B making its interest coverage ratio 82.1. It has cash and short-term investments of ¥8.1B.
Key information
28.1%
Debt to equity ratio
JP¥6.38b
Debt
Interest coverage ratio | 82.1x |
Cash | JP¥8.07b |
Equity | JP¥22.72b |
Total liabilities | JP¥14.90b |
Total assets | JP¥37.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9788's short term assets (¥24.0B) exceed its short term liabilities (¥11.2B).
Long Term Liabilities: 9788's short term assets (¥24.0B) exceed its long term liabilities (¥3.7B).
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 47.4% to 28.1% over the past 5 years.
Debt Coverage: 9788's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9788's interest payments on its debt are well covered by EBIT (82.1x coverage).