Nissan Tokyo Sales Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Nissan Tokyo Sales Holdings has a total shareholder equity of ¥54.6B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ¥85.7B and ¥31.1B respectively. Nissan Tokyo Sales Holdings's EBIT is ¥8.4B making its interest coverage ratio -240.4. It has cash and short-term investments of ¥17.3B.
Key information
3.6%
Debt to equity ratio
JP¥1.95b
Debt
Interest coverage ratio | -240.4x |
Cash | JP¥17.26b |
Equity | JP¥54.59b |
Total liabilities | JP¥31.12b |
Total assets | JP¥85.71b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8291's short term assets (¥34.7B) exceed its short term liabilities (¥23.2B).
Long Term Liabilities: 8291's short term assets (¥34.7B) exceed its long term liabilities (¥7.9B).
Debt to Equity History and Analysis
Debt Level: 8291 has more cash than its total debt.
Reducing Debt: 8291's debt to equity ratio has reduced from 5.1% to 3.6% over the past 5 years.
Debt Coverage: 8291's debt is well covered by operating cash flow (413.4%).
Interest Coverage: 8291 earns more interest than it pays, so coverage of interest payments is not a concern.