Nippon Sheet Glass Company Balance Sheet Health
Financial Health criteria checks 2/6
Nippon Sheet Glass Company has a total shareholder equity of ¥141.3B and total debt of ¥530.2B, which brings its debt-to-equity ratio to 375.1%. Its total assets and total liabilities are ¥981.2B and ¥839.9B respectively. Nippon Sheet Glass Company's EBIT is ¥20.3B making its interest coverage ratio 0.8. It has cash and short-term investments of ¥49.9B.
Key information
375.1%
Debt to equity ratio
JP¥530.15b
Debt
| Interest coverage ratio | 0.8x |
| Cash | JP¥49.87b |
| Equity | JP¥141.35b |
| Total liabilities | JP¥839.90b |
| Total assets | JP¥981.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NI9's short term assets (¥307.3B) do not cover its short term liabilities (¥335.4B).
Long Term Liabilities: NI9's short term assets (¥307.3B) do not cover its long term liabilities (¥504.5B).
Debt to Equity History and Analysis
Debt Level: NI9's net debt to equity ratio (339.8%) is considered high.
Reducing Debt: NI9's debt to equity ratio has reduced from 425.6% to 375.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NI9 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NI9 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 00:14 |
| End of Day Share Price | 2024/12/27 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
Nippon Sheet Glass Company, Limited is covered by 20 analysts. 4 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 |
|---|---|
| Yuji Fujimori | Barclays |
| Eric Lee | Barclays |
| Kei Rameau | BNP Paribas Securities (Asia) |