Nagoya Electric Works Balance Sheet Health
Financial Health criteria checks 6/6
Nagoya Electric Works has a total shareholder equity of ¥18.8B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥24.8B and ¥6.0B respectively. Nagoya Electric Works's EBIT is ¥2.1B making its interest coverage ratio -86.6. It has cash and short-term investments of ¥5.2B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -86.6x |
Cash | JP¥5.25b |
Equity | JP¥18.78b |
Total liabilities | JP¥6.01b |
Total assets | JP¥24.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6797's short term assets (¥17.1B) exceed its short term liabilities (¥5.7B).
Long Term Liabilities: 6797's short term assets (¥17.1B) exceed its long term liabilities (¥265.0M).
Debt to Equity History and Analysis
Debt Level: 6797 is debt free.
Reducing Debt: 6797 has not had any debt for past 5 years.
Debt Coverage: 6797 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6797 has no debt, therefore coverage of interest payments is not a concern.