NEXTAGE Balance Sheet Health
Financial Health criteria checks 3/6
NEXTAGE has a total shareholder equity of ¥71.4B and total debt of ¥102.7B, which brings its debt-to-equity ratio to 143.8%. Its total assets and total liabilities are ¥214.4B and ¥142.9B respectively. NEXTAGE's EBIT is ¥11.8B making its interest coverage ratio 28.8. It has cash and short-term investments of ¥29.5B.
Key information
143.8%
Debt to equity ratio
JP¥102.73b
Debt
| Interest coverage ratio | 28.8x |
| Cash | JP¥29.46b |
| Equity | JP¥71.42b |
| Total liabilities | JP¥142.94b |
| Total assets | JP¥214.36b |
Recent financial health updates
Is NEXTAGE (TSE:3186) Using Too Much Debt?
Jun 08
These 4 Measures Indicate That NEXTAGE (TSE:3186) Is Using Debt Extensively
Mar 01Recent updates
Take Care Before Jumping Onto NEXTAGE Co., Ltd. (TSE:3186) Even Though It's 26% Cheaper
Oct 27Earnings Update: Here's Why Analysts Just Lifted Their NEXTAGE Co., Ltd. (TSE:3186) Price Target To JP¥3,123
Oct 10NEXTAGE's (TSE:3186) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 26Estimating The Fair Value Of NEXTAGE Co., Ltd. (TSE:3186)
Aug 21NEXTAGE (TSE:3186) Is Increasing Its Dividend To ¥33.00
Aug 06NEXTAGE (TSE:3186) Is Increasing Its Dividend To ¥33.00
Jul 22JP¥3,140 - That's What Analysts Think NEXTAGE Co., Ltd. (TSE:3186) Is Worth After These Results
Jul 05NEXTAGE (TSE:3186) Is Increasing Its Dividend To ¥33.00
Jul 04Is NEXTAGE (TSE:3186) Using Too Much Debt?
Jun 08NEXTAGE Co., Ltd. Recorded A 8.0% Miss On Revenue: Analysts Are Revisiting Their Models
Apr 03NEXTAGE Co., Ltd. (TSE:3186) Looks Just Right With A 26% Price Jump
Mar 19These 4 Measures Indicate That NEXTAGE (TSE:3186) Is Using Debt Extensively
Mar 01Financial Position Analysis
Short Term Liabilities: 3186's short term assets (¥124.9B) exceed its short term liabilities (¥61.6B).
Long Term Liabilities: 3186's short term assets (¥124.9B) exceed its long term liabilities (¥81.4B).
Debt to Equity History and Analysis
Debt Level: 3186's net debt to equity ratio (102.6%) is considered high.
Reducing Debt: 3186's debt to equity ratio has increased from 122.7% to 143.8% over the past 5 years.
Debt Coverage: 3186's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 3186's interest payments on its debt are well covered by EBIT (28.8x coverage).