NEOJAPAN Balance Sheet Health
Financial Health criteria checks 6/6
NEOJAPAN has a total shareholder equity of ¥5.7B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥8.2B and ¥2.5B respectively. NEOJAPAN's EBIT is ¥1.5B making its interest coverage ratio -26.6. It has cash and short-term investments of ¥4.7B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -26.6x |
| Cash | JP¥4.70b |
| Equity | JP¥5.69b |
| Total liabilities | JP¥2.55b |
| Total assets | JP¥8.24b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3921's short term assets (¥5.6B) exceed its short term liabilities (¥2.1B).
Long Term Liabilities: 3921's short term assets (¥5.6B) exceed its long term liabilities (¥402.0M).
Debt to Equity History and Analysis
Debt Level: 3921 is debt free.
Reducing Debt: 3921 had no debt 5 years ago.
Debt Coverage: 3921 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3921 has no debt, therefore coverage of interest payments is not a concern.