Nippon Souken Balance Sheet Health
Financial Health criteria checks 3/6
Nippon Souken has a total shareholder equity of ¥75.0M and total debt of ¥133.0M, which brings its debt-to-equity ratio to 177.3%. Its total assets and total liabilities are ¥333.0M and ¥258.0M respectively. Nippon Souken's EBIT is ¥34.0M making its interest coverage ratio 34. It has cash and short-term investments of ¥100.0M.
Key information
177.3%
Debt to equity ratio
JP¥133.00m
Debt
| Interest coverage ratio | 34x |
| Cash | JP¥100.00m |
| Equity | JP¥75.00m |
| Total liabilities | JP¥258.00m |
| Total assets | JP¥333.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5840's short term assets (¥220.0M) exceed its short term liabilities (¥148.0M).
Long Term Liabilities: 5840's short term assets (¥220.0M) exceed its long term liabilities (¥110.0M).
Debt to Equity History and Analysis
Debt Level: 5840's net debt to equity ratio (44%) is considered high.
Reducing Debt: Insufficient data to determine if 5840's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 5840's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 5840's interest payments on its debt are well covered by EBIT (34x coverage).