Nakayama Steel Works Balance Sheet Health
Financial Health criteria checks 6/6
Nakayama Steel Works has a total shareholder equity of ¥104.6B and total debt of ¥9.5B, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are ¥154.0B and ¥49.4B respectively. Nakayama Steel Works's EBIT is ¥11.1B making its interest coverage ratio 1393.1. It has cash and short-term investments of ¥16.4B.
Key information
9.1%
Debt to equity ratio
JP¥9.48b
Debt
| Interest coverage ratio | 1393.1x |
| Cash | JP¥16.38b |
| Equity | JP¥104.56b |
| Total liabilities | JP¥49.42b |
| Total assets | JP¥153.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5408's short term assets (¥98.5B) exceed its short term liabilities (¥40.6B).
Long Term Liabilities: 5408's short term assets (¥98.5B) 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 10.6% to 9.1% over the past 5 years.
Debt Coverage: 5408's debt is well covered by operating cash flow (54.3%).
Interest Coverage: 5408's interest payments on its debt are well covered by EBIT (1393.1x coverage).