Nojima Balance Sheet Health
Financial Health criteria checks 6/6
Nojima has a total shareholder equity of ¥182.9B and total debt of ¥68.2B, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are ¥556.8B and ¥373.9B respectively. Nojima's EBIT is ¥33.1B making its interest coverage ratio 79.7. It has cash and short-term investments of ¥146.4B.
Key information
37.3%
Debt to equity ratio
JP¥68.20b
Debt
| Interest coverage ratio | 79.7x |
| Cash | JP¥146.41b |
| Equity | JP¥182.92b |
| Total liabilities | JP¥373.88b |
| Total assets | JP¥556.80b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7419's short term assets (¥361.5B) exceed its short term liabilities (¥262.1B).
Long Term Liabilities: 7419's short term assets (¥361.5B) exceed its long term liabilities (¥111.8B).
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 105.8% to 37.3% over the past 5 years.
Debt Coverage: 7419's debt is well covered by operating cash flow (85.3%).
Interest Coverage: 7419's interest payments on its debt are well covered by EBIT (79.7x coverage).