Nojima Balance Sheet Health
Financial Health criteria checks 6/6
Nojima has a total shareholder equity of ¥172.9B and total debt of ¥33.3B, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are ¥547.1B and ¥374.2B respectively. Nojima's EBIT is ¥30.3B making its interest coverage ratio 81.5. It has cash and short-term investments of ¥126.9B.
Key information
19.3%
Debt to equity ratio
JP¥33.33b
Debt
Interest coverage ratio | 81.5x |
Cash | JP¥126.89b |
Equity | JP¥172.92b |
Total liabilities | JP¥374.15b |
Total assets | JP¥547.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7419's short term assets (¥350.7B) exceed its short term liabilities (¥300.3B).
Long Term Liabilities: 7419's short term assets (¥350.7B) exceed its long term liabilities (¥73.8B).
Debt to Equity History and Analysis
Debt Level: 7419 has more cash than its total debt.
Reducing Debt: 7419's debt to equity ratio has reduced from 92.4% to 19.3% over the past 5 years.
Debt Coverage: 7419's debt is well covered by operating cash flow (168.3%).
Interest Coverage: 7419's interest payments on its debt are well covered by EBIT (81.5x coverage).