Nihon SeimaLtd Balance Sheet Health
Financial Health criteria checks 6/6
Nihon SeimaLtd has a total shareholder equity of ¥2.9B and total debt of ¥732.0M, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are ¥4.6B and ¥1.7B respectively. Nihon SeimaLtd's EBIT is ¥306.0M making its interest coverage ratio -102. It has cash and short-term investments of ¥1.5B.
Key information
25.4%
Debt to equity ratio
JP¥732.00m
Debt
Interest coverage ratio | -102x |
Cash | JP¥1.50b |
Equity | JP¥2.88b |
Total liabilities | JP¥1.74b |
Total assets | JP¥4.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3306's short term assets (¥3.2B) exceed its short term liabilities (¥1.2B).
Long Term Liabilities: 3306's short term assets (¥3.2B) exceed its long term liabilities (¥574.0M).
Debt to Equity History and Analysis
Debt Level: 3306 has more cash than its total debt.
Reducing Debt: 3306's debt to equity ratio has reduced from 39.4% to 25.4% over the past 5 years.
Debt Coverage: 3306's debt is well covered by operating cash flow (37.3%).
Interest Coverage: 3306 earns more interest than it pays, so coverage of interest payments is not a concern.