Nagahori Balance Sheet Health
Financial Health criteria checks 3/6
Nagahori has a total shareholder equity of ¥12.5B and total debt of ¥9.7B, which brings its debt-to-equity ratio to 77.5%. Its total assets and total liabilities are ¥26.0B and ¥13.5B respectively. Nagahori's EBIT is ¥1.0B making its interest coverage ratio 19.9. It has cash and short-term investments of ¥3.0B.
Key information
77.5%
Debt to equity ratio
JP¥9.70b
Debt
Interest coverage ratio | 19.9x |
Cash | JP¥2.98b |
Equity | JP¥12.51b |
Total liabilities | JP¥13.52b |
Total assets | JP¥26.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8139's short term assets (¥18.9B) exceed its short term liabilities (¥12.2B).
Long Term Liabilities: 8139's short term assets (¥18.9B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 8139's net debt to equity ratio (53.6%) is considered high.
Reducing Debt: 8139's debt to equity ratio has increased from 72.8% to 77.5% over the past 5 years.
Debt Coverage: 8139's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8139's interest payments on its debt are well covered by EBIT (19.9x coverage).