Niigata Kotsu Balance Sheet Health
Financial Health criteria checks 2/6
Niigata Kotsu has a total shareholder equity of ¥18.1B and total debt of ¥27.3B, which brings its debt-to-equity ratio to 150.8%. Its total assets and total liabilities are ¥56.7B and ¥38.6B respectively. Niigata Kotsu's EBIT is ¥1.7B making its interest coverage ratio 5.2. It has cash and short-term investments of ¥2.7B.
Key information
150.8%
Debt to equity ratio
JP¥27.28b
Debt
Interest coverage ratio | 5.2x |
Cash | JP¥2.71b |
Equity | JP¥18.09b |
Total liabilities | JP¥38.58b |
Total assets | JP¥56.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9017's short term assets (¥4.9B) do not cover its short term liabilities (¥16.2B).
Long Term Liabilities: 9017's short term assets (¥4.9B) do not cover its long term liabilities (¥22.4B).
Debt to Equity History and Analysis
Debt Level: 9017's net debt to equity ratio (135.9%) is considered high.
Reducing Debt: 9017's debt to equity ratio has reduced from 151.1% to 150.8% over the past 5 years.
Debt Coverage: 9017's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: 9017's interest payments on its debt are well covered by EBIT (5.2x coverage).