NH Foods Balance Sheet Health
Financial Health criteria checks 5/6
NH Foods has a total shareholder equity of ¥550.3B and total debt of ¥239.4B, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are ¥998.6B and ¥448.3B respectively. NH Foods's EBIT is ¥33.1B making its interest coverage ratio -31.5. It has cash and short-term investments of ¥81.6B.
Key information
43.5%
Debt to equity ratio
JP¥239.41b
Debt
| Interest coverage ratio | -31.5x |
| Cash | JP¥81.56b |
| Equity | JP¥550.29b |
| Total liabilities | JP¥448.28b |
| Total assets | JP¥998.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIPM.Y's short term assets (¥467.1B) exceed its short term liabilities (¥285.1B).
Long Term Liabilities: NIPM.Y's short term assets (¥467.1B) exceed its long term liabilities (¥163.1B).
Debt to Equity History and Analysis
Debt Level: NIPM.Y's net debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: NIPM.Y's debt to equity ratio has increased from 43.5% to 43.5% over the past 5 years.
Debt Coverage: NIPM.Y's debt is well covered by operating cash flow (24.6%).
Interest Coverage: NIPM.Y earns more interest than it pays, so coverage of interest payments is not a concern.