Nishimoto Balance Sheet Health
Financial Health criteria checks 4/6
Nishimoto has a total shareholder equity of ¥79.9B and total debt of ¥86.1B, which brings its debt-to-equity ratio to 107.8%. Its total assets and total liabilities are ¥212.5B and ¥132.6B respectively. Nishimoto's EBIT is ¥11.0B making its interest coverage ratio -11.7. It has cash and short-term investments of ¥93.9B.
Key information
107.8%
Debt to equity ratio
JP¥86.11b
Debt
Interest coverage ratio | -11.7x |
Cash | JP¥93.94b |
Equity | JP¥79.87b |
Total liabilities | JP¥132.61b |
Total assets | JP¥212.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9260's short term assets (¥177.6B) exceed its short term liabilities (¥47.7B).
Long Term Liabilities: 9260's short term assets (¥177.6B) exceed its long term liabilities (¥84.9B).
Debt to Equity History and Analysis
Debt Level: 9260 has more cash than its total debt.
Reducing Debt: 9260's debt to equity ratio has increased from 23.4% to 107.8% over the past 5 years.
Debt Coverage: 9260's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: 9260 earns more interest than it pays, so coverage of interest payments is not a concern.