Nojima Balance Sheet Health
Financial Health criteria checks 6/6
Nojima has a total shareholder equity of ¥161.1B and total debt of ¥63.0B, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are ¥555.9B and ¥394.9B respectively. Nojima's EBIT is ¥33.6B making its interest coverage ratio 156.9. It has cash and short-term investments of ¥129.5B.
Key information
39.1%
Debt to equity ratio
JP¥62.98b
Debt
Interest coverage ratio | 156.9x |
Cash | JP¥129.46b |
Equity | JP¥161.06b |
Total liabilities | JP¥394.85b |
Total assets | JP¥555.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NJML.F's short term assets (¥353.4B) exceed its short term liabilities (¥291.0B).
Long Term Liabilities: NJML.F's short term assets (¥353.4B) exceed its long term liabilities (¥103.8B).
Debt to Equity History and Analysis
Debt Level: NJML.F has more cash than its total debt.
Reducing Debt: NJML.F's debt to equity ratio has reduced from 106.1% to 39.1% over the past 5 years.
Debt Coverage: NJML.F's debt is well covered by operating cash flow (55%).
Interest Coverage: NJML.F's interest payments on its debt are well covered by EBIT (156.9x coverage).