NJ Holdings Balance Sheet Health
Financial Health criteria checks 5/6
NJ Holdings has a total shareholder equity of ¥1.8B and total debt of ¥1.4B, which brings its debt-to-equity ratio to 82.1%. Its total assets and total liabilities are ¥4.5B and ¥2.8B respectively. NJ Holdings's EBIT is ¥234.0M making its interest coverage ratio 13. It has cash and short-term investments of ¥1.8B.
Key information
82.1%
Debt to equity ratio
JP¥1.44b
Debt
| Interest coverage ratio | 13x |
| Cash | JP¥1.78b |
| Equity | JP¥1.75b |
| Total liabilities | JP¥2.77b |
| Total assets | JP¥4.52b |
Recent financial health updates
No updates
Recent updates
Does It Make Sense To Buy NJ Holdings Inc. (TYO:9421) For Its Yield?
Apr 06
Will The ROCE Trend At NJ Holdings (TYO:9421) Continue?
Mar 10Does The Market Have A Low Tolerance For NJ Holdings Inc.'s (TYO:9421) Mixed Fundamentals?
Feb 04
Factors Income Investors Should Consider Before Adding NJ Holdings Inc. (TYO:9421) To Their Portfolio
Dec 18Here’s What’s Happening With Returns At NJ Holdings (TYO:9421)
Nov 25Financial Position Analysis
Short Term Liabilities: 9421's short term assets (¥3.5B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 9421's short term assets (¥3.5B) exceed its long term liabilities (¥605.0M).
Debt to Equity History and Analysis
Debt Level: 9421 has more cash than its total debt.
Reducing Debt: 9421's debt to equity ratio has increased from 71.8% to 82.1% over the past 5 years.
Debt Coverage: 9421's debt is well covered by operating cash flow (45.9%).
Interest Coverage: 9421's interest payments on its debt are well covered by EBIT (13x coverage).