Nasu Denki-Tekko Balance Sheet Health
Financial Health criteria checks 6/6
Nasu Denki-Tekko has a total shareholder equity of ¥27.4B and total debt of ¥4.5B, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are ¥43.4B and ¥16.0B respectively. Nasu Denki-Tekko's EBIT is ¥2.7B making its interest coverage ratio -109.6. It has cash and short-term investments of ¥7.9B.
Key information
16.5%
Debt to equity ratio
JP¥4.53b
Debt
| Interest coverage ratio | -109.6x |
| Cash | JP¥7.92b |
| Equity | JP¥27.40b |
| Total liabilities | JP¥15.97b |
| Total assets | JP¥43.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5922's short term assets (¥17.6B) exceed its short term liabilities (¥6.8B).
Long Term Liabilities: 5922's short term assets (¥17.6B) exceed its long term liabilities (¥9.2B).
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 41.8% to 16.5% over the past 5 years.
Debt Coverage: 5922's debt is well covered by operating cash flow (70.9%).
Interest Coverage: 5922 earns more interest than it pays, so coverage of interest payments is not a concern.