NEC Networks & System Integration Balance Sheet Health
Financial Health criteria checks 6/6
NEC Networks & System Integration has a total shareholder equity of ¥157.5B and total debt of ¥9.2B, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are ¥284.9B and ¥127.4B respectively. NEC Networks & System Integration's EBIT is ¥25.1B making its interest coverage ratio 70.8. It has cash and short-term investments of ¥73.5B.
Key information
5.9%
Debt to equity ratio
JP¥9.23b
Debt
Interest coverage ratio | 70.8x |
Cash | JP¥73.51b |
Equity | JP¥157.48b |
Total liabilities | JP¥127.42b |
Total assets | JP¥284.90b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1973's short term assets (¥237.5B) exceed its short term liabilities (¥96.8B).
Long Term Liabilities: 1973's short term assets (¥237.5B) exceed its long term liabilities (¥30.6B).
Debt to Equity History and Analysis
Debt Level: 1973 has more cash than its total debt.
Reducing Debt: 1973's debt to equity ratio has reduced from 6% to 5.9% over the past 5 years.
Debt Coverage: 1973's debt is well covered by operating cash flow (219.2%).
Interest Coverage: 1973's interest payments on its debt are well covered by EBIT (70.8x coverage).