Nippon Electric Glass Balance Sheet Health
Financial Health criteria checks 3/6
Nippon Electric Glass has a total shareholder equity of ¥508.2B and total debt of ¥119.7B, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are ¥729.8B and ¥221.6B respectively.
Key information
23.5%
Debt to equity ratio
JP¥119.69b
Debt
Interest coverage ratio | n/a |
Cash | JP¥98.60b |
Equity | JP¥508.24b |
Total liabilities | JP¥221.60b |
Total assets | JP¥729.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5214's short term assets (¥277.2B) exceed its short term liabilities (¥135.0B).
Long Term Liabilities: 5214's short term assets (¥277.2B) exceed its long term liabilities (¥86.6B).
Debt to Equity History and Analysis
Debt Level: 5214's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: 5214's debt to equity ratio has increased from 19.1% to 23.5% over the past 5 years.
Debt Coverage: 5214's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 5214's interest payments on its debt are well covered by EBIT.