NexTone Balance Sheet Health
Financial Health criteria checks 6/6
NexTone has a total shareholder equity of ¥5.1B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥12.7B and ¥7.6B respectively.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | n/a |
Cash | JP¥7.61b |
Equity | JP¥5.08b |
Total liabilities | JP¥7.59b |
Total assets | JP¥12.66b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7094's short term assets (¥9.9B) exceed its short term liabilities (¥7.1B).
Long Term Liabilities: 7094's short term assets (¥9.9B) exceed its long term liabilities (¥517.0M).
Debt to Equity History and Analysis
Debt Level: 7094 is debt free.
Reducing Debt: 7094 has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Debt Coverage: 7094 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7094 has no debt, therefore coverage of interest payments is not a concern.