NTN Balance Sheet Health
Financial Health criteria checks 4/6
NTN has a total shareholder equity of ¥269.1B and total debt of ¥372.0B, which brings its debt-to-equity ratio to 138.3%. Its total assets and total liabilities are ¥887.9B and ¥618.8B respectively. NTN's EBIT is ¥31.3B making its interest coverage ratio 4.3. It has cash and short-term investments of ¥140.0B.
Key information
138.3%
Debt to equity ratio
JP¥372.05b
Debt
| Interest coverage ratio | 4.3x |
| Cash | JP¥140.01b |
| Equity | JP¥269.08b |
| Total liabilities | JP¥618.78b |
| Total assets | JP¥887.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTN's short term assets (¥556.1B) exceed its short term liabilities (¥361.5B).
Long Term Liabilities: NTN's short term assets (¥556.1B) exceed its long term liabilities (¥257.3B).
Debt to Equity History and Analysis
Debt Level: NTN's net debt to equity ratio (86.2%) is considered high.
Reducing Debt: NTN's debt to equity ratio has reduced from 150.8% to 138.3% over the past 5 years.
Debt Coverage: NTN's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: NTN's interest payments on its debt are well covered by EBIT (4.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 10:14 |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
NTN Corporation is covered by 21 analysts. 6 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 |
|---|---|
| Tsutomu Kijima | Barclays |
| Hideyuki Mizuno | BofA Global Research |
| Hisanori Shimoi | Citigroup Inc |