Nitto Fuji Flour MillingLtd Balance Sheet Health
Financial Health criteria checks 6/6
Nitto Fuji Flour MillingLtd has a total shareholder equity of ¥49.7B and total debt of ¥400.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ¥64.2B and ¥14.6B respectively. Nitto Fuji Flour MillingLtd's EBIT is ¥5.2B making its interest coverage ratio -34.7. It has cash and short-term investments of ¥1.6B.
Key information
0.8%
Debt to equity ratio
JP¥400.00m
Debt
Interest coverage ratio | -34.7x |
Cash | JP¥1.56b |
Equity | JP¥49.68b |
Total liabilities | JP¥14.57b |
Total assets | JP¥64.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2003's short term assets (¥32.4B) exceed its short term liabilities (¥10.3B).
Long Term Liabilities: 2003's short term assets (¥32.4B) exceed its long term liabilities (¥4.3B).
Debt to Equity History and Analysis
Debt Level: 2003 has more cash than its total debt.
Reducing Debt: 2003's debt to equity ratio has reduced from 3.1% to 0.8% over the past 5 years.
Debt Coverage: 2003's debt is well covered by operating cash flow (1624.5%).
Interest Coverage: 2003 earns more interest than it pays, so coverage of interest payments is not a concern.