Nisshin OilliO GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Nisshin OilliO GroupLtd has a total shareholder equity of ¥194.0B and total debt of ¥96.9B, which brings its debt-to-equity ratio to 49.9%. Its total assets and total liabilities are ¥387.9B and ¥193.9B respectively. Nisshin OilliO GroupLtd's EBIT is ¥19.6B making its interest coverage ratio 37.7. It has cash and short-term investments of ¥18.1B.
Key information
49.9%
Debt to equity ratio
JP¥96.90b
Debt
| Interest coverage ratio | 37.7x |
| Cash | JP¥18.12b |
| Equity | JP¥194.01b |
| Total liabilities | JP¥193.91b |
| Total assets | JP¥387.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8WC's short term assets (¥228.2B) exceed its short term liabilities (¥106.5B).
Long Term Liabilities: 8WC's short term assets (¥228.2B) exceed its long term liabilities (¥87.5B).
Debt to Equity History and Analysis
Debt Level: 8WC's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: 8WC's debt to equity ratio has increased from 29.9% to 49.9% over the past 5 years.
Debt Coverage: 8WC's debt is not well covered by operating cash flow (18%).
Interest Coverage: 8WC's interest payments on its debt are well covered by EBIT (37.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 14:54 |
| End of Day Share Price | 2024/12/23 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
The Nisshin OilliO Group,Ltd. is covered by 6 analysts. 2 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 |
|---|---|
| null null | Company Forecast |
| Satoshi Tanaka | Daiwa Securities Co. Ltd. |
| Masao Yoshida | Ichiyoshi Research Institute Inc. |