Nagaoka International Balance Sheet Health
Financial Health criteria checks 6/6
Nagaoka International has a total shareholder equity of ¥7.0B and total debt of ¥297.0M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ¥10.3B and ¥3.3B respectively. Nagaoka International's EBIT is ¥1.7B making its interest coverage ratio 186.9. It has cash and short-term investments of ¥2.5B.
Key information
4.2%
Debt to equity ratio
JP¥297.00m
Debt
| Interest coverage ratio | 186.9x |
| Cash | JP¥2.54b |
| Equity | JP¥7.00b |
| Total liabilities | JP¥3.25b |
| Total assets | JP¥10.25b |
Recent financial health updates
Nagaoka International (TSE:6239) Could Easily Take On More Debt
Oct 31
Is Nagaoka International (TSE:6239) Using Too Much Debt?
Jun 12Recent updates
Nagaoka International (TSE:6239) Could Easily Take On More Debt
Oct 31Nagaoka International's (TSE:6239) Solid Earnings Are Supported By Other Strong Factors
Aug 19We Like Nagaoka International's (TSE:6239) Returns And Here's How They're Trending
Aug 03Not Many Are Piling Into Nagaoka International Corporation (TSE:6239) Stock Yet As It Plummets 27%
Aug 02Is Nagaoka International (TSE:6239) Using Too Much Debt?
Jun 12Nagaoka International (TSE:6239) Is Increasing Its Dividend To ¥30.00
May 21Nagaoka International (TSE:6239) Has Announced That It Will Be Increasing Its Dividend To ¥30.00
Apr 25Nagaoka 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 (¥7.7B) exceed its short term liabilities (¥3.1B).
Long Term Liabilities: 6239's short term assets (¥7.7B) exceed its long term liabilities (¥159.0M).
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 44.2% to 4.2% over the past 5 years.
Debt Coverage: 6239's debt is well covered by operating cash flow (773.1%).
Interest Coverage: 6239's interest payments on its debt are well covered by EBIT (186.9x coverage).