Nippon Paper Industries Balance Sheet Health
Financial Health criteria checks 3/6
Nippon Paper Industries has a total shareholder equity of ¥438.4B and total debt of ¥873.5B, which brings its debt-to-equity ratio to 199.3%. Its total assets and total liabilities are ¥1,680.9B and ¥1,242.6B respectively. Nippon Paper Industries's EBIT is ¥5.2B making its interest coverage ratio 0.7. It has cash and short-term investments of ¥122.6B.
Key information
199.3%
Debt to equity ratio
JP¥873.51b
Debt
Interest coverage ratio | 0.7x |
Cash | JP¥122.60b |
Equity | JP¥438.36b |
Total liabilities | JP¥1.24t |
Total assets | JP¥1.68t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9NI's short term assets (¥617.3B) exceed its short term liabilities (¥493.8B).
Long Term Liabilities: 9NI's short term assets (¥617.3B) do not cover its long term liabilities (¥748.7B).
Debt to Equity History and Analysis
Debt Level: 9NI's net debt to equity ratio (171.3%) is considered high.
Reducing Debt: 9NI's debt to equity ratio has increased from 174.9% to 199.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 9NI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 9NI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16.8% per year.