Nihon Kagaku Sangyo Balance Sheet Health
Financial Health criteria checks 6/6
Nihon Kagaku Sangyo has a total shareholder equity of ¥44.7B and total debt of ¥655.0M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are ¥51.8B and ¥7.1B respectively. Nihon Kagaku Sangyo's EBIT is ¥2.1B making its interest coverage ratio -10. It has cash and short-term investments of ¥19.1B.
Key information
1.5%
Debt to equity ratio
JP¥655.00m
Debt
Interest coverage ratio | -10x |
Cash | JP¥19.05b |
Equity | JP¥44.71b |
Total liabilities | JP¥7.06b |
Total assets | JP¥51.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4094's short term assets (¥31.9B) exceed its short term liabilities (¥4.9B).
Long Term Liabilities: 4094's short term assets (¥31.9B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 4094 has more cash than its total debt.
Reducing Debt: 4094's debt to equity ratio has reduced from 2.3% to 1.5% over the past 5 years.
Debt Coverage: 4094's debt is well covered by operating cash flow (443.2%).
Interest Coverage: 4094 earns more interest than it pays, so coverage of interest payments is not a concern.