Nichimo Balance Sheet Health
Financial Health criteria checks 4/6
Nichimo has a total shareholder equity of ¥27.9B and total debt of ¥42.1B, which brings its debt-to-equity ratio to 151.1%. Its total assets and total liabilities are ¥95.1B and ¥67.2B respectively. Nichimo's EBIT is ¥2.3B making its interest coverage ratio 14.3. It has cash and short-term investments of ¥10.1B.
Key information
151.1%
Debt to equity ratio
JP¥42.13b
Debt
Interest coverage ratio | 14.3x |
Cash | JP¥10.09b |
Equity | JP¥27.89b |
Total liabilities | JP¥67.18b |
Total assets | JP¥95.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8091's short term assets (¥69.4B) exceed its short term liabilities (¥53.4B).
Long Term Liabilities: 8091's short term assets (¥69.4B) exceed its long term liabilities (¥13.8B).
Debt to Equity History and Analysis
Debt Level: 8091's net debt to equity ratio (114.9%) is considered high.
Reducing Debt: 8091's debt to equity ratio has reduced from 261.5% to 151.1% over the past 5 years.
Debt Coverage: 8091's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: 8091's interest payments on its debt are well covered by EBIT (14.3x coverage).