Nagatanien HoldingsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Nagatanien HoldingsLtd has a total shareholder equity of ¥46.3B and total debt of ¥27.0B, which brings its debt-to-equity ratio to 58.3%. Its total assets and total liabilities are ¥101.2B and ¥54.9B respectively. Nagatanien HoldingsLtd's EBIT is ¥6.2B making its interest coverage ratio 41.7. It has cash and short-term investments of ¥8.5B.
Key information
58.3%
Debt to equity ratio
JP¥26.96b
Debt
Interest coverage ratio | 41.7x |
Cash | JP¥8.54b |
Equity | JP¥46.27b |
Total liabilities | JP¥54.91b |
Total assets | JP¥101.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2899's short term assets (¥44.6B) exceed its short term liabilities (¥33.3B).
Long Term Liabilities: 2899's short term assets (¥44.6B) exceed its long term liabilities (¥21.6B).
Debt to Equity History and Analysis
Debt Level: 2899's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: 2899's debt to equity ratio has reduced from 96.1% to 58.3% over the past 5 years.
Debt Coverage: 2899's debt is well covered by operating cash flow (37%).
Interest Coverage: 2899's interest payments on its debt are well covered by EBIT (41.7x coverage).