Nitto Seimo Balance Sheet Health
Financial Health criteria checks 3/6
Nitto Seimo has a total shareholder equity of ¥6.9B and total debt of ¥16.5B, which brings its debt-to-equity ratio to 237%. Its total assets and total liabilities are ¥29.5B and ¥22.6B respectively. Nitto Seimo's EBIT is ¥431.0M making its interest coverage ratio 7.8. It has cash and short-term investments of ¥1.4B.
Key information
237.0%
Debt to equity ratio
JP¥16.45b
Debt
Interest coverage ratio | 7.8x |
Cash | JP¥1.40b |
Equity | JP¥6.94b |
Total liabilities | JP¥22.58b |
Total assets | JP¥29.52b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3524's short term assets (¥16.4B) exceed its short term liabilities (¥14.7B).
Long Term Liabilities: 3524's short term assets (¥16.4B) exceed its long term liabilities (¥7.9B).
Debt to Equity History and Analysis
Debt Level: 3524's net debt to equity ratio (216.8%) is considered high.
Reducing Debt: 3524's debt to equity ratio has increased from 150.2% to 237% 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 (7.8x coverage).