NTT DATA Group Balance Sheet Health
Financial Health criteria checks 4/6
NTT DATA Group has a total shareholder equity of ¥2,569.0B and total debt of ¥2,033.6B, which brings its debt-to-equity ratio to 79.2%. Its total assets and total liabilities are ¥6,661.0B and ¥4,092.0B respectively. NTT DATA Group's EBIT is ¥270.8B making its interest coverage ratio 5. It has cash and short-term investments of ¥493.0B.
Key information
79.2%
Debt to equity ratio
JP¥2.03t
Debt
Interest coverage ratio | 5x |
Cash | JP¥493.00b |
Equity | JP¥2.57t |
Total liabilities | JP¥4.09t |
Total assets | JP¥6.66t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTTD.F's short term assets (¥2,299.3B) exceed its short term liabilities (¥2,223.5B).
Long Term Liabilities: NTTD.F's short term assets (¥2,299.3B) exceed its long term liabilities (¥1,868.5B).
Debt to Equity History and Analysis
Debt Level: NTTD.F's net debt to equity ratio (60%) is considered high.
Reducing Debt: NTTD.F's debt to equity ratio has increased from 63.5% to 79.2% over the past 5 years.
Debt Coverage: NTTD.F's debt is well covered by operating cash flow (24.7%).
Interest Coverage: NTTD.F's interest payments on its debt are well covered by EBIT (5x coverage).