Nitto Seimo Balance Sheet Health
Financial Health criteria checks 3/6
Nitto Seimo has a total shareholder equity of ¥7.0B and total debt of ¥17.0B, which brings its debt-to-equity ratio to 243.1%. Its total assets and total liabilities are ¥30.6B and ¥23.6B respectively. Nitto Seimo's EBIT is ¥584.0M making its interest coverage ratio 9.6. It has cash and short-term investments of ¥1.6B.
Key information
243.1%
Debt to equity ratio
JP¥17.05b
Debt
| Interest coverage ratio | 9.6x |
| Cash | JP¥1.56b |
| Equity | JP¥7.01b |
| Total liabilities | JP¥23.58b |
| Total assets | JP¥30.59b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3524's short term assets (¥17.6B) exceed its short term liabilities (¥15.8B).
Long Term Liabilities: 3524's short term assets (¥17.6B) exceed its long term liabilities (¥7.7B).
Debt to Equity History and Analysis
Debt Level: 3524's net debt to equity ratio (220.9%) is considered high.
Reducing Debt: 3524's debt to equity ratio has increased from 174.4% to 243.1% over the past 5 years.
Debt Coverage: 3524's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: 3524's interest payments on its debt are well covered by EBIT (9.6x coverage).