Nihon Kagaku Sangyo Balance Sheet Health
Financial Health criteria checks 6/6
Nihon Kagaku Sangyo has a total shareholder equity of ¥46.0B and total debt of ¥531.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ¥53.9B and ¥7.9B respectively. Nihon Kagaku Sangyo's EBIT is ¥2.5B making its interest coverage ratio -11.9. It has cash and short-term investments of ¥15.2B.
Key information
1.2%
Debt to equity ratio
JP¥531.00m
Debt
Interest coverage ratio | -11.9x |
Cash | JP¥15.17b |
Equity | JP¥45.98b |
Total liabilities | JP¥7.90b |
Total assets | JP¥53.88b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4094's short term assets (¥28.1B) exceed its short term liabilities (¥5.5B).
Long Term Liabilities: 4094's short term assets (¥28.1B) exceed its long term liabilities (¥2.4B).
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 2.5% to 1.2% over the past 5 years.
Debt Coverage: 4094's debt is well covered by operating cash flow (583.2%).
Interest Coverage: 4094 earns more interest than it pays, so coverage of interest payments is not a concern.