Nitto Fuji Flour MillingLtd Balance Sheet Health
Financial Health criteria checks 6/6
Nitto Fuji Flour MillingLtd has a total shareholder equity of ¥49.8B and total debt of ¥400.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ¥64.8B and ¥14.9B respectively. Nitto Fuji Flour MillingLtd's EBIT is ¥5.3B making its interest coverage ratio -29.2. It has cash and short-term investments of ¥1.8B.
Key information
0.8%
Debt to equity ratio
JP¥400.00m
Debt
| Interest coverage ratio | -29.2x |
| Cash | JP¥1.81b |
| Equity | JP¥49.85b |
| Total liabilities | JP¥14.94b |
| Total assets | JP¥64.79b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2003's short term assets (¥33.1B) exceed its short term liabilities (¥10.6B).
Long Term Liabilities: 2003's short term assets (¥33.1B) 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 2.9% 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.