Nitto Seimo Balance Sheet Health
Financial Health criteria checks 3/6
Nitto Seimo has a total shareholder equity of ¥6.6B and total debt of ¥17.3B, which brings its debt-to-equity ratio to 263%. Its total assets and total liabilities are ¥29.9B and ¥23.4B respectively. Nitto Seimo's EBIT is ¥393.0M making its interest coverage ratio 7.6. It has cash and short-term investments of ¥1.6B.
Key information
263.0%
Debt to equity ratio
JP¥17.33b
Debt
Interest coverage ratio | 7.6x |
Cash | JP¥1.60b |
Equity | JP¥6.59b |
Total liabilities | JP¥23.36b |
Total assets | JP¥29.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3524's short term assets (¥16.8B) exceed its short term liabilities (¥15.2B).
Long Term Liabilities: 3524's short term assets (¥16.8B) exceed its long term liabilities (¥8.1B).
Debt to Equity History and Analysis
Debt Level: 3524's net debt to equity ratio (238.6%) is considered high.
Reducing Debt: 3524's debt to equity ratio has increased from 182.9% to 263% over the past 5 years.
Debt Coverage: 3524's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: 3524's interest payments on its debt are well covered by EBIT (7.6x coverage).