Nakayama Steel Works Balance Sheet Health
Financial Health criteria checks 6/6
Nakayama Steel Works has a total shareholder equity of ¥105.8B and total debt of ¥9.3B, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are ¥152.3B and ¥46.5B respectively. Nakayama Steel Works's EBIT is ¥10.6B making its interest coverage ratio 2110.8. It has cash and short-term investments of ¥15.3B.
Key information
8.8%
Debt to equity ratio
JP¥9.34b
Debt
| Interest coverage ratio | 2110.8x |
| Cash | JP¥15.32b |
| Equity | JP¥105.83b |
| Total liabilities | JP¥46.47b |
| Total assets | JP¥152.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5408's short term assets (¥96.9B) exceed its short term liabilities (¥37.7B).
Long Term Liabilities: 5408's short term assets (¥96.9B) exceed its long term liabilities (¥8.8B).
Debt to Equity History and Analysis
Debt Level: 5408 has more cash than its total debt.
Reducing Debt: 5408's debt to equity ratio has reduced from 10.1% to 8.8% over the past 5 years.
Debt Coverage: 5408's debt is well covered by operating cash flow (55.2%).
Interest Coverage: 5408's interest payments on its debt are well covered by EBIT (2110.8x coverage).