Nova SystemLtd Balance Sheet Health
Financial Health criteria checks 4/6
Nova SystemLtd has a total shareholder equity of ¥1.9B and total debt of ¥950.0M, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are ¥3.6B and ¥1.7B respectively. Nova SystemLtd's EBIT is ¥483.0M making its interest coverage ratio 483. It has cash and short-term investments of ¥998.0M.
Key information
49.5%
Debt to equity ratio
JP¥950.00m
Debt
Interest coverage ratio | 483x |
Cash | JP¥998.00m |
Equity | JP¥1.92b |
Total liabilities | JP¥1.73b |
Total assets | JP¥3.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5257's short term assets (¥2.2B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 5257's short term assets (¥2.2B) exceed its long term liabilities (¥625.0M).
Debt to Equity History and Analysis
Debt Level: 5257 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 5257's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 5257's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: 5257's interest payments on its debt are well covered by EBIT (483x coverage).