Nippon Souken Balance Sheet Health
Financial Health criteria checks 4/6
Nippon Souken has a total shareholder equity of ¥68.0M and total debt of ¥147.0M, which brings its debt-to-equity ratio to 216.2%. Its total assets and total liabilities are ¥348.0M and ¥280.0M respectively. Nippon Souken's EBIT is ¥15.0M making its interest coverage ratio 15. It has cash and short-term investments of ¥149.0M.
Key information
216.2%
Debt to equity ratio
JP¥147.00m
Debt
Interest coverage ratio | 15x |
Cash | JP¥149.00m |
Equity | JP¥68.00m |
Total liabilities | JP¥280.00m |
Total assets | JP¥348.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5840's short term assets (¥252.0M) exceed its short term liabilities (¥158.0M).
Long Term Liabilities: 5840's short term assets (¥252.0M) exceed its long term liabilities (¥122.0M).
Debt to Equity History and Analysis
Debt Level: 5840 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 5840's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 5840's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: 5840's interest payments on its debt are well covered by EBIT (15x coverage).