Nankai Chemical CompanyLimited Balance Sheet Health
Financial Health criteria checks 4/6
Nankai Chemical CompanyLimited has a total shareholder equity of ¥7.3B and total debt of ¥4.9B, which brings its debt-to-equity ratio to 66.3%. Its total assets and total liabilities are ¥19.5B and ¥12.2B respectively. Nankai Chemical CompanyLimited's EBIT is ¥1.6B making its interest coverage ratio 81.7. It has cash and short-term investments of ¥1.9B.
Key information
66.3%
Debt to equity ratio
JP¥4.87b
Debt
Interest coverage ratio | 81.7x |
Cash | JP¥1.92b |
Equity | JP¥7.34b |
Total liabilities | JP¥12.17b |
Total assets | JP¥19.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4040's short term assets (¥9.0B) exceed its short term liabilities (¥7.3B).
Long Term Liabilities: 4040's short term assets (¥9.0B) exceed its long term liabilities (¥4.9B).
Debt to Equity History and Analysis
Debt Level: 4040's net debt to equity ratio (40.1%) is considered high.
Reducing Debt: Insufficient data to determine if 4040's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4040's debt is well covered by operating cash flow (36.3%).
Interest Coverage: 4040's interest payments on its debt are well covered by EBIT (81.7x coverage).