Nihon Kohden Balance Sheet Health
Financial Health criteria checks 6/6
Nihon Kohden has a total shareholder equity of ¥171.5B and total debt of ¥442.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥215.8B and ¥44.3B respectively. Nihon Kohden's EBIT is ¥20.3B making its interest coverage ratio -57.7. It has cash and short-term investments of ¥44.2B.
Key information
0.3%
Debt to equity ratio
JP¥442.00m
Debt
| Interest coverage ratio | -57.7x |
| Cash | JP¥44.24b |
| Equity | JP¥171.48b |
| Total liabilities | JP¥44.31b |
| Total assets | JP¥215.79b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6849's short term assets (¥169.2B) exceed its short term liabilities (¥41.9B).
Long Term Liabilities: 6849's short term assets (¥169.2B) exceed its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 6849 has more cash than its total debt.
Reducing Debt: 6849's debt to equity ratio has reduced from 0.4% to 0.3% over the past 5 years.
Debt Coverage: 6849's debt is well covered by operating cash flow (3210.9%).
Interest Coverage: 6849 earns more interest than it pays, so coverage of interest payments is not a concern.