Nasu Denki-Tekko Balance Sheet Health
Financial Health criteria checks 6/6
Nasu Denki-Tekko has a total shareholder equity of ¥27.3B and total debt of ¥4.7B, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are ¥44.2B and ¥17.0B respectively. Nasu Denki-Tekko's EBIT is ¥2.6B making its interest coverage ratio -294.2. It has cash and short-term investments of ¥8.9B.
Key information
17.2%
Debt to equity ratio
JP¥4.70b
Debt
Interest coverage ratio | -294.2x |
Cash | JP¥8.86b |
Equity | JP¥27.28b |
Total liabilities | JP¥16.95b |
Total assets | JP¥44.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5922's short term assets (¥19.3B) exceed its short term liabilities (¥8.8B).
Long Term Liabilities: 5922's short term assets (¥19.3B) exceed its long term liabilities (¥8.1B).
Debt to Equity History and Analysis
Debt Level: 5922 has more cash than its total debt.
Reducing Debt: 5922's debt to equity ratio has reduced from 53.7% to 17.2% over the past 5 years.
Debt Coverage: 5922's debt is well covered by operating cash flow (68.3%).
Interest Coverage: 5922 earns more interest than it pays, so coverage of interest payments is not a concern.