Nippon Accommodations Fund Balance Sheet Health
Financial Health criteria checks 1/6
Nippon Accommodations Fund has a total shareholder equity of ¥151.2B and total debt of ¥167.5B, which brings its debt-to-equity ratio to 110.8%. Its total assets and total liabilities are ¥326.1B and ¥174.9B respectively. Nippon Accommodations Fund's EBIT is ¥11.2B making its interest coverage ratio 13. It has cash and short-term investments of ¥13.8B.
Key information
110.8%
Debt to equity ratio
JP¥167.50b
Debt
| Interest coverage ratio | 13x |
| Cash | JP¥13.82b |
| Equity | JP¥151.15b |
| Total liabilities | JP¥174.90b |
| Total assets | JP¥326.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIPP.F's short term assets (¥15.4B) do not cover its short term liabilities (¥28.6B).
Long Term Liabilities: NIPP.F's short term assets (¥15.4B) do not cover its long term liabilities (¥146.2B).
Debt to Equity History and Analysis
Debt Level: NIPP.F's net debt to equity ratio (101.7%) is considered high.
Reducing Debt: NIPP.F's debt to equity ratio has increased from 105.1% to 110.8% over the past 5 years.
Debt Coverage: NIPP.F's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: NIPP.F's interest payments on its debt are well covered by EBIT (13x coverage).