Nagaoka International Balance Sheet Health
Financial Health criteria checks 6/6
Nagaoka International has a total shareholder equity of ¥5.9B and total debt of ¥655.0M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are ¥7.9B and ¥2.1B respectively. Nagaoka International's EBIT is ¥1.6B making its interest coverage ratio 80.9. It has cash and short-term investments of ¥2.3B.
Key information
11.1%
Debt to equity ratio
JP¥655.00m
Debt
| Interest coverage ratio | 80.9x |
| Cash | JP¥2.27b |
| Equity | JP¥5.88b |
| Total liabilities | JP¥2.05b |
| Total assets | JP¥7.93b |
Recent financial health updates
No updates
Recent updates
Nagaoka International (TSE:6239) Has Announced That It Will Be Increasing Its Dividend To ¥30.00
Apr 25
Nagaoka International (TSE:6239) Could Become A Multi-Bagger
Apr 23The Market Lifts Nagaoka International Corporation (TSE:6239) Shares 26% But It Can Do More
Apr 01Nagaoka International (TSE:6239) Is Increasing Its Dividend To ¥30.00
Mar 29Nagaoka International's (TSE:6239) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 14Financial Position Analysis
Short Term Liabilities: 6239's short term assets (¥6.3B) exceed its short term liabilities (¥1.8B).
Long Term Liabilities: 6239's short term assets (¥6.3B) exceed its long term liabilities (¥280.0M).
Debt to Equity History and Analysis
Debt Level: 6239 has more cash than its total debt.
Reducing Debt: 6239's debt to equity ratio has reduced from 71.3% to 11.1% over the past 5 years.
Debt Coverage: 6239's debt is well covered by operating cash flow (203.7%).
Interest Coverage: 6239's interest payments on its debt are well covered by EBIT (80.9x coverage).