NaigaiLtd Balance Sheet Health
Financial Health criteria checks 4/6
NaigaiLtd has a total shareholder equity of ¥6.0B and total debt of ¥1.7B, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are ¥11.5B and ¥5.5B respectively. NaigaiLtd's EBIT is ¥22.0M making its interest coverage ratio -0.6. It has cash and short-term investments of ¥3.0B.
Key information
28.6%
Debt to equity ratio
JP¥1.70b
Debt
Interest coverage ratio | -0.6x |
Cash | JP¥3.04b |
Equity | JP¥5.95b |
Total liabilities | JP¥5.50b |
Total assets | JP¥11.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8013's short term assets (¥8.4B) exceed its short term liabilities (¥3.9B).
Long Term Liabilities: 8013's short term assets (¥8.4B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 8013 has more cash than its total debt.
Reducing Debt: 8013's debt to equity ratio has increased from 3.2% to 28.6% over the past 5 years.
Debt Coverage: 8013's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8013 earns more interest than it pays, so coverage of interest payments is not a concern.