NEC Networks & System Integration Balance Sheet Health
Financial Health criteria checks 6/6
NEC Networks & System Integration has a total shareholder equity of ¥155.4B and total debt of ¥8.1B, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are ¥265.1B and ¥109.7B respectively. NEC Networks & System Integration's EBIT is ¥26.4B making its interest coverage ratio 80.2. It has cash and short-term investments of ¥87.6B.
Key information
5.2%
Debt to equity ratio
JP¥8.10b
Debt
| Interest coverage ratio | 80.2x |
| Cash | JP¥87.57b |
| Equity | JP¥155.39b |
| Total liabilities | JP¥109.75b |
| Total assets | JP¥265.14b |
Recent financial health updates
Is NEC Networks & System Integration (TSE:1973) A Risky Investment?
Jun 13
These 4 Measures Indicate That NEC Networks & System Integration (TSE:1973) Is Using Debt Reasonably Well
Feb 26Recent updates
NEC Networks & System Integration (TSE:1973) Has Announced That It Will Be Increasing Its Dividend To ¥28.00
Jul 25NEC Networks & System Integration's (TSE:1973) Dividend Will Be Increased To ¥28.00
Jul 11Is NEC Networks & System Integration (TSE:1973) A Risky Investment?
Jun 13NEC Networks & System Integration Corporation (TSE:1973) Not Flying Under The Radar
May 21We Like These Underlying Return On Capital Trends At NEC Networks & System Integration (TSE:1973)
Apr 09NEC Networks & System Integration (TSE:1973) Will Pay A Dividend Of ¥24.50
Mar 02These 4 Measures Indicate That NEC Networks & System Integration (TSE:1973) Is Using Debt Reasonably Well
Feb 26Financial Position Analysis
Short Term Liabilities: 1973's short term assets (¥216.4B) exceed its short term liabilities (¥78.2B).
Long Term Liabilities: 1973's short term assets (¥216.4B) exceed its long term liabilities (¥31.6B).
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 6.4% to 5.2% over the past 5 years.
Debt Coverage: 1973's debt is well covered by operating cash flow (249.8%).
Interest Coverage: 1973's interest payments on its debt are well covered by EBIT (80.2x coverage).