Nidec Balance Sheet Health

Financial Health criteria checks 6/6

Nidec has a total shareholder equity of ¥1,626.5B and total debt of ¥668.3B, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are ¥3,181.4B and ¥1,554.9B respectively. Nidec's EBIT is ¥168.5B making its interest coverage ratio -11.7. It has cash and short-term investments of ¥215.6B.

Key information

41.1%

Debt to equity ratio

JP¥668.30b

Debt

Interest coverage ratio-11.7x
CashJP¥215.62b
EquityJP¥1.63t
Total liabilitiesJP¥1.55t
Total assetsJP¥3.18t

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: NIB's short term assets (¥1,556.2B) exceed its short term liabilities (¥932.6B).

Long Term Liabilities: NIB's short term assets (¥1,556.2B) exceed its long term liabilities (¥622.3B).


Debt to Equity History and Analysis

Debt Level: NIB's net debt to equity ratio (27.8%) is considered satisfactory.

Reducing Debt: NIB's debt to equity ratio has reduced from 47.9% to 41.1% over the past 5 years.

Debt Coverage: NIB's debt is well covered by operating cash flow (41.6%).

Interest Coverage: NIB earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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