Neturen Balance Sheet Health
Financial Health criteria checks 6/6
Neturen has a total shareholder equity of ¥67.4B and total debt of ¥680.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ¥79.5B and ¥12.1B respectively. Neturen's EBIT is ¥1.8B making its interest coverage ratio -7.5. It has cash and short-term investments of ¥13.6B.
Key information
1.0%
Debt to equity ratio
JP¥680.00m
Debt
| Interest coverage ratio | -7.5x |
| Cash | JP¥13.63b |
| Equity | JP¥67.37b |
| Total liabilities | JP¥12.12b |
| Total assets | JP¥79.49b |
Recent financial health updates
No updates
Recent updates
Neturen (TSE:5976) Is Due To Pay A Dividend Of ¥25.00
Sep 20
Neturen (TSE:5976) Will Pay A Dividend Of ¥25.00
Aug 28Neturen's (TSE:5976) Dividend Will Be ¥25.00
Jul 26Neturen (TSE:5976) Is Due To Pay A Dividend Of ¥25.00
Jul 11We Think That There Are Some Issues For Neturen (TSE:5976) Beyond Its Promising Earnings
May 21Neturen (TSE:5976) Has Announced A Dividend Of ¥24.00
Mar 25Neturen (TSE:5976) Has Announced A Dividend Of ¥24.00
Feb 28Financial Position Analysis
Short Term Liabilities: 5976's short term assets (¥39.7B) exceed its short term liabilities (¥10.9B).
Long Term Liabilities: 5976's short term assets (¥39.7B) exceed its long term liabilities (¥1.2B).
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 5.2% to 1% over the past 5 years.
Debt Coverage: 5976's debt is well covered by operating cash flow (616.6%).
Interest Coverage: 5976 earns more interest than it pays, so coverage of interest payments is not a concern.