Nihon SeimaLtd Balance Sheet Health
Financial Health criteria checks 6/6
Nihon SeimaLtd has a total shareholder equity of ¥3.1B and total debt of ¥743.0M, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are ¥5.0B and ¥1.9B respectively. Nihon SeimaLtd's EBIT is ¥336.0M making its interest coverage ratio -56. It has cash and short-term investments of ¥1.6B.
Key information
24.1%
Debt to equity ratio
JP¥743.00m
Debt
| Interest coverage ratio | -56x |
| Cash | JP¥1.57b |
| Equity | JP¥3.08b |
| Total liabilities | JP¥1.88b |
| Total assets | JP¥4.96b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3306's short term assets (¥3.4B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 3306's short term assets (¥3.4B) exceed its long term liabilities (¥610.0M).
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 40.7% to 24.1% over the past 5 years.
Debt Coverage: 3306's debt is well covered by operating cash flow (31.8%).
Interest Coverage: 3306 earns more interest than it pays, so coverage of interest payments is not a concern.