Nissan Motor Balance Sheet Health
Financial Health criteria checks 4/6
Nissan Motor has a total shareholder equity of ¥6,148.5B and total debt of ¥7,178.3B, which brings its debt-to-equity ratio to 116.7%. Its total assets and total liabilities are ¥18,555.2B and ¥12,406.7B respectively. Nissan Motor's EBIT is ¥565.8B making its interest coverage ratio 31.8. It has cash and short-term investments of ¥1,758.8B.
Key information
116.7%
Debt to equity ratio
JP¥7.18t
Debt
Interest coverage ratio | 31.8x |
Cash | JP¥1.76t |
Equity | JP¥6.15t |
Total liabilities | JP¥12.41t |
Total assets | JP¥18.56t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NISA's short term assets (¥12,004.2B) exceed its short term liabilities (¥6,861.9B).
Long Term Liabilities: NISA's short term assets (¥12,004.2B) exceed its long term liabilities (¥5,544.8B).
Debt to Equity History and Analysis
Debt Level: NISA's net debt to equity ratio (88.1%) is considered high.
Reducing Debt: NISA's debt to equity ratio has reduced from 145.1% to 116.7% over the past 5 years.
Debt Coverage: NISA's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: NISA's interest payments on its debt are well covered by EBIT (31.8x coverage).