Nihon Nohyaku Balance Sheet Health
Financial Health criteria checks 4/6
Nihon Nohyaku has a total shareholder equity of ¥80.4B and total debt of ¥39.9B, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are ¥158.0B and ¥77.6B respectively. Nihon Nohyaku's EBIT is ¥7.4B making its interest coverage ratio 7.4. It has cash and short-term investments of ¥20.6B.
Key information
49.6%
Debt to equity ratio
JP¥39.86b
Debt
Interest coverage ratio | 7.4x |
Cash | JP¥20.56b |
Equity | JP¥80.39b |
Total liabilities | JP¥77.59b |
Total assets | JP¥157.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4997's short term assets (¥118.6B) exceed its short term liabilities (¥52.2B).
Long Term Liabilities: 4997's short term assets (¥118.6B) exceed its long term liabilities (¥25.4B).
Debt to Equity History and Analysis
Debt Level: 4997's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: 4997's debt to equity ratio has increased from 34.7% to 49.6% over the past 5 years.
Debt Coverage: 4997's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4997's interest payments on its debt are well covered by EBIT (7.4x coverage).