Naigai Tec Balance Sheet Health
Financial Health criteria checks 5/6
Naigai Tec has a total shareholder equity of ¥11.2B and total debt of ¥3.8B, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are ¥24.3B and ¥13.1B respectively. Naigai Tec's EBIT is ¥1.1B making its interest coverage ratio 35. It has cash and short-term investments of ¥7.9B.
Key information
34.2%
Debt to equity ratio
JP¥3.83b
Debt
| Interest coverage ratio | 35x |
| Cash | JP¥7.87b |
| Equity | JP¥11.19b |
| Total liabilities | JP¥13.13b |
| Total assets | JP¥24.32b |
Recent financial health updates
Does Naigai Tec (TSE:3374) Have A Healthy Balance Sheet?
Aug 05
Does Naigai Tec (TYO:3374) Have A Healthy Balance Sheet?
Dec 07Recent updates
Does Naigai Tec (TSE:3374) Have A Healthy Balance Sheet?
Aug 05Naigai Tec Corporation's (TSE:3374) 32% Dip In Price Shows Sentiment Is Matching Earnings
Aug 05Investors Aren't Entirely Convinced By Naigai Tec Corporation's (TSE:3374) Earnings
Feb 28Key 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 (¥16.5B) exceed its short term liabilities (¥9.2B).
Long Term Liabilities: 3374's short term assets (¥16.5B) exceed its long term liabilities (¥4.0B).
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 reduced from 52.1% to 34.2% 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 (35x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:03 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Naigai Tec Corporation is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hisaki Hatori | Mizuho Securities Co., Ltd. |