Nippon Seiro Balance Sheet Health
Financial Health criteria checks 2/6
Nippon Seiro has a total shareholder equity of ¥4.0B and total debt of ¥19.6B, which brings its debt-to-equity ratio to 488.2%. Its total assets and total liabilities are ¥29.1B and ¥25.1B respectively. Nippon Seiro's EBIT is ¥1.2B making its interest coverage ratio 3.2. It has cash and short-term investments of ¥1.8B.
Key information
488.2%
Debt to equity ratio
JP¥19.56b
Debt
| Interest coverage ratio | 3.2x |
| Cash | JP¥1.78b |
| Equity | JP¥4.01b |
| Total liabilities | JP¥25.11b |
| Total assets | JP¥29.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5010's short term assets (¥13.6B) do not cover its short term liabilities (¥17.1B).
Long Term Liabilities: 5010's short term assets (¥13.6B) exceed its long term liabilities (¥8.1B).
Debt to Equity History and Analysis
Debt Level: 5010's net debt to equity ratio (443.7%) is considered high.
Reducing Debt: 5010's debt to equity ratio has increased from 122.9% to 488.2% over the past 5 years.
Debt Coverage: 5010's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: 5010's interest payments on its debt are well covered by EBIT (3.2x coverage).