Nitori Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Nitori Holdings has a total shareholder equity of ¥818.1B and total debt of ¥140.4B, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are ¥1,133.8B and ¥315.7B respectively. Nitori Holdings's EBIT is ¥120.1B making its interest coverage ratio -273.6. It has cash and short-term investments of ¥131.9B.
Key information
17.2%
Debt to equity ratio
JP¥140.40b
Debt
Interest coverage ratio | -273.6x |
Cash | JP¥131.93b |
Equity | JP¥818.10b |
Total liabilities | JP¥315.68b |
Total assets | JP¥1.13t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCLT.F's short term assets (¥330.4B) exceed its short term liabilities (¥221.8B).
Long Term Liabilities: NCLT.F's short term assets (¥330.4B) exceed its long term liabilities (¥93.9B).
Debt to Equity History and Analysis
Debt Level: NCLT.F's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: NCLT.F's debt to equity ratio has increased from 2.2% to 17.2% over the past 5 years.
Debt Coverage: NCLT.F's debt is well covered by operating cash flow (55.8%).
Interest Coverage: NCLT.F earns more interest than it pays, so coverage of interest payments is not a concern.