Nankai PlywoodLtd Balance Sheet Health
Financial Health criteria checks 4/6
Nankai PlywoodLtd has a total shareholder equity of ¥24.0B and total debt of ¥4.8B, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are ¥32.2B and ¥8.2B respectively. Nankai PlywoodLtd's EBIT is ¥648.0M making its interest coverage ratio 16.2. It has cash and short-term investments of ¥2.8B.
Key information
20.2%
Debt to equity ratio
JP¥4.84b
Debt
Interest coverage ratio | 16.2x |
Cash | JP¥2.80b |
Equity | JP¥24.01b |
Total liabilities | JP¥8.17b |
Total assets | JP¥32.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7887's short term assets (¥18.5B) exceed its short term liabilities (¥5.0B).
Long Term Liabilities: 7887's short term assets (¥18.5B) exceed its long term liabilities (¥3.2B).
Debt to Equity History and Analysis
Debt Level: 7887's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: 7887's debt to equity ratio has increased from 2.7% to 20.2% over the past 5 years.
Debt Coverage: 7887's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 7887's interest payments on its debt are well covered by EBIT (16.2x coverage).