Nisshin Seifun Group Balance Sheet Health
Financial Health criteria checks 6/6
Nisshin Seifun Group has a total shareholder equity of ¥511.3B and total debt of ¥37.6B, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are ¥784.2B and ¥272.9B respectively. Nisshin Seifun Group's EBIT is ¥48.3B making its interest coverage ratio 451.3. It has cash and short-term investments of ¥105.3B.
Key information
7.4%
Debt to equity ratio
JP¥37.61b
Debt
| Interest coverage ratio | 451.3x |
| Cash | JP¥105.32b |
| Equity | JP¥511.28b |
| Total liabilities | JP¥272.94b |
| Total assets | JP¥784.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFR's short term assets (¥339.1B) exceed its short term liabilities (¥131.7B).
Long Term Liabilities: NFR's short term assets (¥339.1B) exceed its long term liabilities (¥141.2B).
Debt to Equity History and Analysis
Debt Level: NFR has more cash than its total debt.
Reducing Debt: NFR's debt to equity ratio has reduced from 13.9% to 7.4% over the past 5 years.
Debt Coverage: NFR's debt is well covered by operating cash flow (189.4%).
Interest Coverage: NFR's interest payments on its debt are well covered by EBIT (451.3x coverage).