Nissui Balance Sheet Health
Financial Health criteria checks 5/6
Nissui has a total shareholder equity of ¥279.3B and total debt of ¥220.1B, which brings its debt-to-equity ratio to 78.8%. Its total assets and total liabilities are ¥636.3B and ¥357.0B respectively. Nissui's EBIT is ¥30.7B making its interest coverage ratio 15. It has cash and short-term investments of ¥15.8B.
Key information
78.8%
Debt to equity ratio
JP¥220.15b
Debt
| Interest coverage ratio | 15x |
| Cash | JP¥15.80b |
| Equity | JP¥279.33b |
| Total liabilities | JP¥357.02b |
| Total assets | JP¥636.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 71N's short term assets (¥341.7B) exceed its short term liabilities (¥236.1B).
Long Term Liabilities: 71N's short term assets (¥341.7B) exceed its long term liabilities (¥120.9B).
Debt to Equity History and Analysis
Debt Level: 71N's net debt to equity ratio (73.2%) is considered high.
Reducing Debt: 71N's debt to equity ratio has reduced from 126.2% to 78.8% over the past 5 years.
Debt Coverage: 71N's debt is well covered by operating cash flow (23.1%).
Interest Coverage: 71N's interest payments on its debt are well covered by EBIT (15x coverage).