Nagano Keiki Balance Sheet Health
Financial Health criteria checks 6/6
Nagano Keiki has a total shareholder equity of ¥43.0B and total debt of ¥11.7B, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are ¥75.6B and ¥32.6B respectively. Nagano Keiki's EBIT is ¥7.2B making its interest coverage ratio 35.7. It has cash and short-term investments of ¥7.7B.
Key information
27.2%
Debt to equity ratio
JP¥11.67b
Debt
| Interest coverage ratio | 35.7x |
| Cash | JP¥7.75b |
| Equity | JP¥42.96b |
| Total liabilities | JP¥32.60b |
| Total assets | JP¥75.56b |
Recent financial health updates
No updates
Recent updates
Nagano Keiki (TSE:7715) Will Pay A Dividend Of ¥22.00
Sep 27
Nagano Keiki Co., Ltd. (TSE:7715) Might Not Be As Mispriced As It Looks After Plunging 27%
Aug 04Nagano Keiki (TSE:7715) Has Announced A Dividend Of ¥22.00
Jul 26Nagano Keiki (TSE:7715) Has Announced A Dividend Of ¥22.00
Jul 12Nagano Keiki Co., Ltd.'s (TSE:7715) Price Is Right But Growth Is Lacking After Shares Rocket 28%
May 21We Like These Underlying Return On Capital Trends At Nagano Keiki (TSE:7715)
Mar 13Nagano Keiki (TSE:7715) Will Pay A Larger Dividend Than Last Year At ¥22.00
Feb 26Financial Position Analysis
Short Term Liabilities: 7715's short term assets (¥42.0B) exceed its short term liabilities (¥21.4B).
Long Term Liabilities: 7715's short term assets (¥42.0B) exceed its long term liabilities (¥11.2B).
Debt to Equity History and Analysis
Debt Level: 7715's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: 7715's debt to equity ratio has reduced from 50.7% to 27.2% over the past 5 years.
Debt Coverage: 7715's debt is well covered by operating cash flow (53.5%).
Interest Coverage: 7715's interest payments on its debt are well covered by EBIT (35.7x coverage).