Nippon Carbon Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Carbon has a total shareholder equity of ¥59.3B and total debt of ¥9.3B, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are ¥79.2B and ¥20.0B respectively. Nippon Carbon's EBIT is ¥6.9B making its interest coverage ratio -38.4. It has cash and short-term investments of ¥11.3B.
Key information
15.6%
Debt to equity ratio
JP¥9.26b
Debt
| Interest coverage ratio | -38.4x |
| Cash | JP¥11.33b |
| Equity | JP¥59.27b |
| Total liabilities | JP¥19.97b |
| Total assets | JP¥79.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPV's short term assets (¥44.3B) exceed its short term liabilities (¥16.9B).
Long Term Liabilities: NPV's short term assets (¥44.3B) exceed its long term liabilities (¥3.1B).
Debt to Equity History and Analysis
Debt Level: NPV has more cash than its total debt.
Reducing Debt: NPV's debt to equity ratio has reduced from 25.7% to 15.6% over the past 5 years.
Debt Coverage: NPV's debt is well covered by operating cash flow (37.6%).
Interest Coverage: NPV earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 04:12 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 Carbon Co., Ltd. is covered by 12 analysts. 1 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 |
|---|---|
| Takayuki Kunii | BofA Global Research |
| null null | Company Forecast |
| Jun Yamaguchi | Credit Suisse |