NHK Spring Balance Sheet Health
Financial Health criteria checks 6/6
NHK Spring has a total shareholder equity of ¥424.3B and total debt of ¥63.6B, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are ¥697.7B and ¥273.4B respectively. NHK Spring's EBIT is ¥49.5B making its interest coverage ratio -10.4. It has cash and short-term investments of ¥107.2B.
Key information
15.0%
Debt to equity ratio
JP¥63.56b
Debt
| Interest coverage ratio | -10.4x |
| Cash | JP¥107.20b |
| Equity | JP¥424.31b |
| Total liabilities | JP¥273.39b |
| Total assets | JP¥697.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NHKG.F's short term assets (¥393.6B) exceed its short term liabilities (¥177.6B).
Long Term Liabilities: NHKG.F's short term assets (¥393.6B) exceed its long term liabilities (¥95.8B).
Debt to Equity History and Analysis
Debt Level: NHKG.F has more cash than its total debt.
Reducing Debt: NHKG.F's debt to equity ratio has reduced from 19.3% to 15% over the past 5 years.
Debt Coverage: NHKG.F's debt is well covered by operating cash flow (93.2%).
Interest Coverage: NHKG.F earns more interest than it pays, so coverage of interest payments is not a concern.