Nihon Seimitsu Balance Sheet Health
Financial Health criteria checks 1/6
Nihon Seimitsu has a total shareholder equity of ¥1.3B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 240%. Its total assets and total liabilities are ¥5.7B and ¥4.4B respectively. Nihon Seimitsu's EBIT is ¥99.0M making its interest coverage ratio 1.5. It has cash and short-term investments of ¥984.0M.
Key information
240.0%
Debt to equity ratio
JP¥3.08b
Debt
Interest coverage ratio | 1.5x |
Cash | JP¥984.00m |
Equity | JP¥1.28b |
Total liabilities | JP¥4.41b |
Total assets | JP¥5.69b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7771's short term assets (¥3.2B) do not cover its short term liabilities (¥3.9B).
Long Term Liabilities: 7771's short term assets (¥3.2B) exceed its long term liabilities (¥515.0M).
Debt to Equity History and Analysis
Debt Level: 7771's net debt to equity ratio (163.3%) is considered high.
Reducing Debt: 7771's debt to equity ratio has increased from 134.4% to 240% over the past 5 years.
Debt Coverage: 7771's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 7771's interest payments on its debt are not well covered by EBIT (1.5x coverage).