Niigata Kotsu Balance Sheet Health
Financial Health criteria checks 2/6
Niigata Kotsu has a total shareholder equity of ¥18.6B and total debt of ¥26.7B, which brings its debt-to-equity ratio to 143.3%. Its total assets and total liabilities are ¥56.3B and ¥37.6B respectively. Niigata Kotsu's EBIT is ¥1.9B making its interest coverage ratio 5.9. It has cash and short-term investments of ¥2.6B.
Key information
143.3%
Debt to equity ratio
JP¥26.70b
Debt
| Interest coverage ratio | 5.9x |
| Cash | JP¥2.63b |
| Equity | JP¥18.64b |
| Total liabilities | JP¥37.64b |
| Total assets | JP¥56.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9017's short term assets (¥4.8B) do not cover its short term liabilities (¥14.0B).
Long Term Liabilities: 9017's short term assets (¥4.8B) do not cover its long term liabilities (¥23.7B).
Debt to Equity History and Analysis
Debt Level: 9017's net debt to equity ratio (129.2%) is considered high.
Reducing Debt: 9017's debt to equity ratio has reduced from 145.8% to 143.3% over the past 5 years.
Debt Coverage: 9017's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: 9017's interest payments on its debt are well covered by EBIT (5.9x coverage).