Nitori Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Nitori Holdings has a total shareholder equity of ¥896.3B and total debt of ¥137.6B, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are ¥1,238.7B and ¥342.4B respectively. Nitori Holdings's EBIT is ¥127.7B making its interest coverage ratio -96.5. It has cash and short-term investments of ¥137.9B.
Key information
15.3%
Debt to equity ratio
JP¥137.56b
Debt
Interest coverage ratio | -96.5x |
Cash | JP¥137.94b |
Equity | JP¥896.31b |
Total liabilities | JP¥342.37b |
Total assets | JP¥1.24t |
Financial Position Analysis
Short Term Liabilities: 9843's short term assets (¥347.7B) exceed its short term liabilities (¥276.3B).
Long Term Liabilities: 9843's short term assets (¥347.7B) exceed its long term liabilities (¥66.0B).
Debt to Equity History and Analysis
Debt Level: 9843 has more cash than its total debt.
Reducing Debt: 9843's debt to equity ratio has increased from 1.6% to 15.3% over the past 5 years.
Debt Coverage: 9843's debt is well covered by operating cash flow (104.4%).
Interest Coverage: 9843 earns more interest than it pays, so coverage of interest payments is not a concern.