Nagoya Electric Works Balance Sheet Health
Financial Health criteria checks 6/6
Nagoya Electric Works has a total shareholder equity of ¥20.5B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥25.5B and ¥5.0B respectively. Nagoya Electric Works's EBIT is ¥2.7B making its interest coverage ratio -103.1. It has cash and short-term investments of ¥3.6B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -103.1x |
| Cash | JP¥3.64b |
| Equity | JP¥20.52b |
| Total liabilities | JP¥4.97b |
| Total assets | JP¥25.49b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6797's short term assets (¥17.2B) exceed its short term liabilities (¥4.5B).
Long Term Liabilities: 6797's short term assets (¥17.2B) exceed its long term liabilities (¥442.0M).
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.