Nisshin Seifun Group Balance Sheet Health
Financial Health criteria checks 5/6
Nisshin Seifun Group has a total shareholder equity of ¥491.1B and total debt of ¥47.3B, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are ¥785.1B and ¥293.9B respectively. Nisshin Seifun Group's EBIT is ¥49.3B making its interest coverage ratio 79.3. It has cash and short-term investments of ¥93.8B.
Key information
9.6%
Debt to equity ratio
JP¥47.32b
Debt
Interest coverage ratio | 79.3x |
Cash | JP¥93.77b |
Equity | JP¥491.14b |
Total liabilities | JP¥293.94b |
Total assets | JP¥785.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFR's short term assets (¥354.8B) exceed its short term liabilities (¥156.1B).
Long Term Liabilities: NFR's short term assets (¥354.8B) exceed its long term liabilities (¥137.9B).
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 increased from 4% to 9.6% over the past 5 years.
Debt Coverage: NFR's debt is well covered by operating cash flow (124.7%).
Interest Coverage: NFR's interest payments on its debt are well covered by EBIT (79.3x coverage).