Niterra Balance Sheet Health
Financial Health criteria checks 5/6
Niterra has a total shareholder equity of ¥614.6B and total debt of ¥177.9B, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are ¥950.1B and ¥335.4B respectively. Niterra's EBIT is ¥91.1B making its interest coverage ratio -51.5. It has cash and short-term investments of ¥184.8B.
Key information
28.9%
Debt to equity ratio
JP¥177.86b
Debt
Interest coverage ratio | -51.5x |
Cash | JP¥184.84b |
Equity | JP¥614.63b |
Total liabilities | JP¥335.42b |
Total assets | JP¥950.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NGKS.F's short term assets (¥545.4B) exceed its short term liabilities (¥171.3B).
Long Term Liabilities: NGKS.F's short term assets (¥545.4B) exceed its long term liabilities (¥164.1B).
Debt to Equity History and Analysis
Debt Level: NGKS.F has more cash than its total debt.
Reducing Debt: NGKS.F's debt to equity ratio has increased from 22.3% to 28.9% over the past 5 years.
Debt Coverage: NGKS.F's debt is well covered by operating cash flow (54.4%).
Interest Coverage: NGKS.F earns more interest than it pays, so coverage of interest payments is not a concern.