Nagano Keiki Balance Sheet Health
Financial Health criteria checks 6/6
Nagano Keiki has a total shareholder equity of ¥40.6B and total debt of ¥11.3B, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are ¥72.4B and ¥31.8B respectively. Nagano Keiki's EBIT is ¥7.2B making its interest coverage ratio 62.7. It has cash and short-term investments of ¥7.9B.
Key information
27.7%
Debt to equity ratio
JP¥11.26b
Debt
Interest coverage ratio | 62.7x |
Cash | JP¥7.86b |
Equity | JP¥40.58b |
Total liabilities | JP¥31.79b |
Total assets | JP¥72.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7715's short term assets (¥40.8B) exceed its short term liabilities (¥20.9B).
Long Term Liabilities: 7715's short term assets (¥40.8B) exceed its long term liabilities (¥10.9B).
Debt to Equity History and Analysis
Debt Level: 7715's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: 7715's debt to equity ratio has reduced from 43.9% to 27.7% over the past 5 years.
Debt Coverage: 7715's debt is well covered by operating cash flow (55.4%).
Interest Coverage: 7715's interest payments on its debt are well covered by EBIT (62.7x coverage).