Nippon Chuzo K. K Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Chuzo K. K has a total shareholder equity of ¥11.9B and total debt of ¥3.7B, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are ¥23.5B and ¥11.6B respectively. Nippon Chuzo K. K's EBIT is ¥1.3B making its interest coverage ratio 61.4. It has cash and short-term investments of ¥1.1B.
Key information
31.5%
Debt to equity ratio
JP¥3.74b
Debt
Interest coverage ratio | 61.4x |
Cash | JP¥1.12b |
Equity | JP¥11.88b |
Total liabilities | JP¥11.65b |
Total assets | JP¥23.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5609's short term assets (¥11.6B) exceed its short term liabilities (¥6.4B).
Long Term Liabilities: 5609's short term assets (¥11.6B) exceed its long term liabilities (¥5.3B).
Debt to Equity History and Analysis
Debt Level: 5609's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: 5609's debt to equity ratio has increased from 21.7% to 31.5% over the past 5 years.
Debt Coverage: 5609's debt is well covered by operating cash flow (48.3%).
Interest Coverage: 5609's interest payments on its debt are well covered by EBIT (61.4x coverage).