NARUMIYA INTERNATIONAL Balance Sheet Health
Financial Health criteria checks 6/6
NARUMIYA INTERNATIONAL has a total shareholder equity of ¥6.0B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are ¥13.2B and ¥7.2B respectively. NARUMIYA INTERNATIONAL's EBIT is ¥2.2B making its interest coverage ratio 57.2. It has cash and short-term investments of ¥1.9B.
Key information
33.9%
Debt to equity ratio
JP¥2.05b
Debt
| Interest coverage ratio | 57.2x |
| Cash | JP¥1.89b |
| Equity | JP¥6.03b |
| Total liabilities | JP¥7.20b |
| Total assets | JP¥13.23b |
Financial Position Analysis
Short Term Liabilities: 9275's short term assets (¥7.7B) exceed its short term liabilities (¥5.3B).
Long Term Liabilities: 9275's short term assets (¥7.7B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 9275's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: 9275's debt to equity ratio has reduced from 125.5% to 33.9% over the past 5 years.
Debt Coverage: 9275's debt is well covered by operating cash flow (87.6%).
Interest Coverage: 9275's interest payments on its debt are well covered by EBIT (57.2x coverage).