Nippon Care Supply Balance Sheet Health
Financial Health criteria checks 3/6
Nippon Care Supply has a total shareholder equity of ¥16.3B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are ¥26.5B and ¥10.2B respectively. Nippon Care Supply's EBIT is ¥2.3B making its interest coverage ratio 332.1. It has cash and short-term investments of ¥683.0M.
Key information
19.1%
Debt to equity ratio
JP¥3.11b
Debt
| Interest coverage ratio | 332.1x |
| Cash | JP¥683.00m |
| Equity | JP¥16.25b |
| Total liabilities | JP¥10.20b |
| Total assets | JP¥26.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2393's short term assets (¥5.6B) do not cover its short term liabilities (¥8.7B).
Long Term Liabilities: 2393's short term assets (¥5.6B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 2393's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: 2393's debt to equity ratio has increased from 0% to 19.1% over the past 5 years.
Debt Coverage: 2393's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: 2393's interest payments on its debt are well covered by EBIT (332.1x coverage).