NAFCO Balance Sheet Health
Financial Health criteria checks 6/6
NAFCO has a total shareholder equity of ¥159.4B and total debt of ¥21.3B, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are ¥232.2B and ¥72.9B respectively. NAFCO's EBIT is ¥5.2B making its interest coverage ratio 46.5. It has cash and short-term investments of ¥33.0B.
Key information
13.4%
Debt to equity ratio
JP¥21.29b
Debt
| Interest coverage ratio | 46.5x |
| Cash | JP¥33.00b |
| Equity | JP¥159.36b |
| Total liabilities | JP¥72.89b |
| Total assets | JP¥232.25b |
Recent financial health updates
Here's Why NAFCO (TYO:2790) Can Manage Its Debt Responsibly
Apr 12
These 4 Measures Indicate That NAFCO (TYO:2790) Is Using Debt Reasonably Well
Jan 12Recent updates
NAFCO's (TSE:2790) Conservative Accounting Might Explain Soft Earnings
May 03Here's Why NAFCO (TYO:2790) Can Manage Its Debt Responsibly
Apr 12What Do The Returns At NAFCO (TYO:2790) Mean Going Forward?
Mar 08Here's Why I Think NAFCO (TYO:2790) Might Deserve Your Attention Today
Feb 18
The NAFCO (TYO:2790) Share Price Has Gained 41% And Shareholders Are Hoping For More
Jan 31These 4 Measures Indicate That NAFCO (TYO:2790) Is Using Debt Reasonably Well
Jan 12Do Institutions Own NAFCO Co., Ltd. (TYO:2790) Shares?
Dec 20Here’s What’s Happening With Returns At NAFCO (TYO:2790)
Dec 03Financial Position Analysis
Short Term Liabilities: 2790's short term assets (¥99.6B) exceed its short term liabilities (¥58.4B).
Long Term Liabilities: 2790's short term assets (¥99.6B) exceed its long term liabilities (¥14.4B).
Debt to Equity History and Analysis
Debt Level: 2790 has more cash than its total debt.
Reducing Debt: 2790's debt to equity ratio has reduced from 22.5% to 13.4% over the past 5 years.
Debt Coverage: 2790's debt is well covered by operating cash flow (43.1%).
Interest Coverage: 2790's interest payments on its debt are well covered by EBIT (46.5x coverage).