Nippon Building Fund Balance Sheet Health
Financial Health criteria checks 1/6
Nippon Building Fund has a total shareholder equity of ¥706.2B and total debt of ¥592.5B, which brings its debt-to-equity ratio to 83.9%. Its total assets and total liabilities are ¥1,385.6B and ¥679.4B respectively. Nippon Building Fund's EBIT is ¥41.4B making its interest coverage ratio 16.6. It has cash and short-term investments of ¥14.2B.
Key information
83.9%
Debt to equity ratio
JP¥592.50b
Debt
Interest coverage ratio | 16.6x |
Cash | JP¥14.18b |
Equity | JP¥706.25b |
Total liabilities | JP¥679.37b |
Total assets | JP¥1.39t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8951's short term assets (¥19.8B) do not cover its short term liabilities (¥70.8B).
Long Term Liabilities: 8951's short term assets (¥19.8B) do not cover its long term liabilities (¥608.6B).
Debt to Equity History and Analysis
Debt Level: 8951's net debt to equity ratio (81.9%) is considered high.
Reducing Debt: 8951's debt to equity ratio has increased from 77.4% to 83.9% over the past 5 years.
Debt Coverage: 8951's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: 8951's interest payments on its debt are well covered by EBIT (16.6x coverage).