Nihon Nohyaku Balance Sheet Health
Financial Health criteria checks 5/6
Nihon Nohyaku has a total shareholder equity of ¥78.7B and total debt of ¥32.4B, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are ¥141.9B and ¥63.2B respectively. Nihon Nohyaku's EBIT is ¥7.3B making its interest coverage ratio 6.6. It has cash and short-term investments of ¥22.9B.
Key information
41.2%
Debt to equity ratio
JP¥32.38b
Debt
| Interest coverage ratio | 6.6x |
| Cash | JP¥22.94b |
| Equity | JP¥78.68b |
| Total liabilities | JP¥63.22b |
| Total assets | JP¥141.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4997's short term assets (¥101.5B) exceed its short term liabilities (¥40.8B).
Long Term Liabilities: 4997's short term assets (¥101.5B) exceed its long term liabilities (¥22.5B).
Debt to Equity History and Analysis
Debt Level: 4997's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: 4997's debt to equity ratio has increased from 28.2% to 41.2% over the past 5 years.
Debt Coverage: 4997's debt is well covered by operating cash flow (27.6%).
Interest Coverage: 4997's interest payments on its debt are well covered by EBIT (6.6x coverage).