Nihon House Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Nihon House Holdings has a total shareholder equity of ¥21.1B and total debt of ¥13.9B, which brings its debt-to-equity ratio to 65.8%. Its total assets and total liabilities are ¥44.7B and ¥23.6B respectively. Nihon House Holdings's EBIT is ¥1.1B making its interest coverage ratio 4.8. It has cash and short-term investments of ¥7.2B.
Key information
65.8%
Debt to equity ratio
JP¥13.90b
Debt
Interest coverage ratio | 4.8x |
Cash | JP¥7.19b |
Equity | JP¥21.11b |
Total liabilities | JP¥23.60b |
Total assets | JP¥44.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1873's short term assets (¥13.9B) do not cover its short term liabilities (¥14.2B).
Long Term Liabilities: 1873's short term assets (¥13.9B) exceed its long term liabilities (¥9.4B).
Debt to Equity History and Analysis
Debt Level: 1873's net debt to equity ratio (31.8%) is considered satisfactory.
Reducing Debt: 1873's debt to equity ratio has increased from 61.4% to 65.8% over the past 5 years.
Debt Coverage: 1873's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: 1873's interest payments on its debt are well covered by EBIT (4.8x coverage).