Nihon Parkerizing Balance Sheet Health
Financial Health criteria checks 6/6
Nihon Parkerizing has a total shareholder equity of ¥211.7B and total debt of ¥700.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥255.7B and ¥44.0B respectively. Nihon Parkerizing's EBIT is ¥14.8B making its interest coverage ratio -11.7. It has cash and short-term investments of ¥83.3B.
Key information
0.3%
Debt to equity ratio
JP¥700.00m
Debt
Interest coverage ratio | -11.7x |
Cash | JP¥83.34b |
Equity | JP¥211.70b |
Total liabilities | JP¥44.01b |
Total assets | JP¥255.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4095's short term assets (¥139.7B) exceed its short term liabilities (¥34.2B).
Long Term Liabilities: 4095's short term assets (¥139.7B) exceed its long term liabilities (¥9.8B).
Debt to Equity History and Analysis
Debt Level: 4095 has more cash than its total debt.
Reducing Debt: 4095's debt to equity ratio has reduced from 1.4% to 0.3% over the past 5 years.
Debt Coverage: 4095's debt is well covered by operating cash flow (2901.4%).
Interest Coverage: 4095 earns more interest than it pays, so coverage of interest payments is not a concern.