Neturen Balance Sheet Health
Financial Health criteria checks 6/6
Neturen has a total shareholder equity of ¥66.5B and total debt of ¥686.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ¥80.6B and ¥14.1B respectively. Neturen's EBIT is ¥1.6B making its interest coverage ratio -6.1. It has cash and short-term investments of ¥16.2B.
Key information
1.0%
Debt to equity ratio
JP¥686.00m
Debt
Interest coverage ratio | -6.1x |
Cash | JP¥16.18b |
Equity | JP¥66.47b |
Total liabilities | JP¥14.14b |
Total assets | JP¥80.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5976's short term assets (¥41.8B) exceed its short term liabilities (¥12.8B).
Long Term Liabilities: 5976's short term assets (¥41.8B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 5976 has more cash than its total debt.
Reducing Debt: 5976's debt to equity ratio has reduced from 5.5% to 1% over the past 5 years.
Debt Coverage: 5976's debt is well covered by operating cash flow (611.2%).
Interest Coverage: 5976 earns more interest than it pays, so coverage of interest payments is not a concern.