NEC Capital Solutions Balance Sheet Health
Financial Health criteria checks 4/6
NEC Capital Solutions has a total shareholder equity of ¥139.8B and total debt of ¥914.3B, which brings its debt-to-equity ratio to 654.2%. Its total assets and total liabilities are ¥1,106.6B and ¥966.8B respectively. NEC Capital Solutions's EBIT is ¥11.8B making its interest coverage ratio -14.3. It has cash and short-term investments of ¥37.7B.
Key information
654.2%
Debt to equity ratio
JP¥914.32b
Debt
| Interest coverage ratio | -14.3x |
| Cash | JP¥37.68b |
| Equity | JP¥139.77b |
| Total liabilities | JP¥966.82b |
| Total assets | JP¥1.11t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8793's short term assets (¥897.1B) exceed its short term liabilities (¥493.2B).
Long Term Liabilities: 8793's short term assets (¥897.1B) exceed its long term liabilities (¥473.6B).
Debt to Equity History and Analysis
Debt Level: 8793's net debt to equity ratio (627.2%) is considered high.
Reducing Debt: 8793's debt to equity ratio has reduced from 708.4% to 654.2% over the past 5 years.
Debt Coverage: 8793's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8793 earns more interest than it pays, so coverage of interest payments is not a concern.