Nihon Seimitsu Balance Sheet Health
Financial Health criteria checks 2/6
Nihon Seimitsu has a total shareholder equity of ¥1.6B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 194.2%. Its total assets and total liabilities are ¥6.1B and ¥4.5B respectively. Nihon Seimitsu's EBIT is ¥379.0M making its interest coverage ratio 5.5. It has cash and short-term investments of ¥1.1B.
Key information
194.2%
Debt to equity ratio
JP¥3.07b
Debt
| Interest coverage ratio | 5.5x |
| Cash | JP¥1.10b |
| Equity | JP¥1.58b |
| Total liabilities | JP¥4.51b |
| Total assets | JP¥6.09b |
Recent financial health updates
Is Nihon Seimitsu (TYO:7771) A Risky Investment?
Apr 14
Is Nihon Seimitsu (TYO:7771) Using Debt In A Risky Way?
Dec 30Recent updates
Financial Position Analysis
Short Term Liabilities: 7771's short term assets (¥3.5B) do not cover its short term liabilities (¥4.0B).
Long Term Liabilities: 7771's short term assets (¥3.5B) exceed its long term liabilities (¥490.0M).
Debt to Equity History and Analysis
Debt Level: 7771's net debt to equity ratio (124.9%) is considered high.
Reducing Debt: 7771's debt to equity ratio has increased from 131.1% to 194.2% over the past 5 years.
Debt Coverage: 7771's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: 7771's interest payments on its debt are well covered by EBIT (5.5x coverage).