Nulab Balance Sheet Health
Financial Health criteria checks 5/6
Nulab has a total shareholder equity of ¥1.3B and total debt of ¥5.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ¥3.5B and ¥2.1B respectively. Nulab's EBIT is ¥332.0M making its interest coverage ratio 332. It has cash and short-term investments of ¥2.5B.
Key information
0.4%
Debt to equity ratio
JP¥5.00m
Debt
Interest coverage ratio | 332x |
Cash | JP¥2.48b |
Equity | JP¥1.33b |
Total liabilities | JP¥2.14b |
Total assets | JP¥3.47b |
Financial Position Analysis
Short Term Liabilities: 5033's short term assets (¥3.0B) exceed its short term liabilities (¥2.1B).
Long Term Liabilities: 5033's short term assets (¥3.0B) exceed its long term liabilities (¥11.0M).
Debt to Equity History and Analysis
Debt Level: 5033 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 5033's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 5033's debt is well covered by operating cash flow (16220%).
Interest Coverage: 5033's interest payments on its debt are well covered by EBIT (332x coverage).