NEC Networks & System Integration Balance Sheet Health
Financial Health criteria checks 6/6
NEC Networks & System Integration has a total shareholder equity of ¥155.4B and total debt of ¥8.1B, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are ¥265.1B and ¥109.7B respectively. NEC Networks & System Integration's EBIT is ¥26.4B making its interest coverage ratio 80.2. It has cash and short-term investments of ¥87.6B.
Key information
5.2%
Debt to equity ratio
JP¥8.10b
Debt
| Interest coverage ratio | 80.2x |
| Cash | JP¥87.57b |
| Equity | JP¥155.39b |
| Total liabilities | JP¥109.75b |
| Total assets | JP¥265.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NNSC.F's short term assets (¥216.4B) exceed its short term liabilities (¥78.2B).
Long Term Liabilities: NNSC.F's short term assets (¥216.4B) exceed its long term liabilities (¥31.6B).
Debt to Equity History and Analysis
Debt Level: NNSC.F has more cash than its total debt.
Reducing Debt: NNSC.F's debt to equity ratio has reduced from 6.4% to 5.2% over the past 5 years.
Debt Coverage: NNSC.F's debt is well covered by operating cash flow (234.8%).
Interest Coverage: NNSC.F's interest payments on its debt are well covered by EBIT (80.2x coverage).