Nagakawa Group Balance Sheet Health
Financial Health criteria checks 2/6
Nagakawa Group has a total shareholder equity of ₫427.5B and total debt of ₫1,028.0B, which brings its debt-to-equity ratio to 240.5%. Its total assets and total liabilities are ₫1,739.7B and ₫1,312.2B respectively. Nagakawa Group's EBIT is ₫80.2B making its interest coverage ratio 2.1. It has cash and short-term investments of ₫300.9B.
Key information
240.5%
Debt to equity ratio
₫1.03t
Debt
| Interest coverage ratio | 2.1x |
| Cash | ₫300.87b |
| Equity | ₫427.50b |
| Total liabilities | ₫1.31t |
| Total assets | ₫1.74t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAG's short term assets (₫1,570.8B) exceed its short term liabilities (₫1,293.6B).
Long Term Liabilities: NAG's short term assets (₫1,570.8B) exceed its long term liabilities (₫18.5B).
Debt to Equity History and Analysis
Debt Level: NAG's net debt to equity ratio (170.1%) is considered high.
Reducing Debt: NAG's debt to equity ratio has increased from 151% to 240.5% over the past 5 years.
Debt Coverage: NAG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NAG's interest payments on its debt are not well covered by EBIT (2.1x coverage).