Naigai Tec Balance Sheet Health
Financial Health criteria checks 4/6
Naigai Tec has a total shareholder equity of ¥11.0B and total debt of ¥4.7B, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are ¥28.1B and ¥17.2B respectively. Naigai Tec's EBIT is ¥1.4B making its interest coverage ratio 40.2. It has cash and short-term investments of ¥10.2B.
Key information
42.5%
Debt to equity ratio
JP¥4.66b
Debt
| Interest coverage ratio | 40.2x |
| Cash | JP¥10.24b |
| Equity | JP¥10.97b |
| Total liabilities | JP¥17.17b |
| Total assets | JP¥28.14b |
Recent financial health updates
Recent updates
Investors Aren't Entirely Convinced By Naigai Tec Corporation's (TSE:3374) Earnings
Feb 28
Key Things To Watch Out For If You Are After Naigai Tec Corporation's (TYO:3374) 1.3% Dividend
Mar 07Will Naigai Tec (TYO:3374) Multiply In Value Going Forward?
Feb 16Should Weakness in Naigai Tec Corporation's (TYO:3374) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Jan 29Shareholders of Naigai Tec (TYO:3374) Must Be Delighted With Their 475% Total Return
Jan 11
Are Naigai Tec's (TYO:3374) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 24Does Naigai Tec (TYO:3374) Have A Healthy Balance Sheet?
Dec 07Three Things You Should Check Before Buying Naigai Tec Corporation (TYO:3374) For Its Dividend
Nov 19Financial Position Analysis
Short Term Liabilities: 3374's short term assets (¥20.1B) exceed its short term liabilities (¥12.5B).
Long Term Liabilities: 3374's short term assets (¥20.1B) exceed its long term liabilities (¥4.7B).
Debt to Equity History and Analysis
Debt Level: 3374 has more cash than its total debt.
Reducing Debt: 3374's debt to equity ratio has increased from 36.3% to 42.5% over the past 5 years.
Debt Coverage: 3374's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3374's interest payments on its debt are well covered by EBIT (40.2x coverage).