Nihon HousingLtd Balance Sheet Health
Financial Health criteria checks 6/6
Nihon HousingLtd has a total shareholder equity of ¥44.5B and total debt of ¥4.4B, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are ¥75.5B and ¥31.1B respectively. Nihon HousingLtd's EBIT is ¥5.5B making its interest coverage ratio 55.9. It has cash and short-term investments of ¥16.6B.
Key information
9.8%
Debt to equity ratio
JP¥4.38b
Debt
Interest coverage ratio | 55.9x |
Cash | JP¥16.61b |
Equity | JP¥44.49b |
Total liabilities | JP¥31.06b |
Total assets | JP¥75.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4781's short term assets (¥44.4B) exceed its short term liabilities (¥28.0B).
Long Term Liabilities: 4781's short term assets (¥44.4B) exceed its long term liabilities (¥3.1B).
Debt to Equity History and Analysis
Debt Level: 4781 has more cash than its total debt.
Reducing Debt: 4781's debt to equity ratio has reduced from 21.6% to 9.8% over the past 5 years.
Debt Coverage: 4781's debt is well covered by operating cash flow (132.2%).
Interest Coverage: 4781's interest payments on its debt are well covered by EBIT (55.9x coverage).