NGK Insulators Balance Sheet Health
Financial Health criteria checks 6/6
NGK Insulators has a total shareholder equity of ¥697.2B and total debt of ¥254.0B, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are ¥1,105.8B and ¥408.6B respectively. NGK Insulators's EBIT is ¥72.8B making its interest coverage ratio 188.7. It has cash and short-term investments of ¥249.8B.
Key information
36.4%
Debt to equity ratio
JP¥254.03b
Debt
| Interest coverage ratio | 188.7x |
| Cash | JP¥249.82b |
| Equity | JP¥697.24b |
| Total liabilities | JP¥408.61b |
| Total assets | JP¥1.11t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NGI's short term assets (¥640.0B) exceed its short term liabilities (¥176.3B).
Long Term Liabilities: NGI's short term assets (¥640.0B) exceed its long term liabilities (¥232.3B).
Debt to Equity History and Analysis
Debt Level: NGI's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: NGI's debt to equity ratio has reduced from 49.5% to 36.4% over the past 5 years.
Debt Coverage: NGI's debt is well covered by operating cash flow (37.9%).
Interest Coverage: NGI's interest payments on its debt are well covered by EBIT (188.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 01:31 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NGK Insulators, Ltd. is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Toshiro Yoshinaga | Aizawa Securities Co. Ltd. |
| Kazunori Ito | Barclays |
| Kyoji Chiba | BofA Global Research |