Nippon Paper Industries Balance Sheet Health
Financial Health criteria checks 1/6
Nippon Paper Industries has a total shareholder equity of ¥503.8B and total debt of ¥883.6B, which brings its debt-to-equity ratio to 175.4%. Its total assets and total liabilities are ¥1,739.1B and ¥1,235.3B respectively. Nippon Paper Industries's EBIT is ¥14.5B making its interest coverage ratio 2. It has cash and short-term investments of ¥166.4B.
Key information
175.4%
Debt to equity ratio
JP¥883.61b
Debt
| Interest coverage ratio | 2x |
| Cash | JP¥166.41b |
| Equity | JP¥503.82b |
| Total liabilities | JP¥1.24t |
| Total assets | JP¥1.74t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9NI's short term assets (¥633.0B) exceed its short term liabilities (¥471.3B).
Long Term Liabilities: 9NI's short term assets (¥633.0B) do not cover its long term liabilities (¥764.0B).
Debt to Equity History and Analysis
Debt Level: 9NI's net debt to equity ratio (142.4%) is considered high.
Reducing Debt: 9NI's debt to equity ratio has increased from 171.4% to 175.4% over the past 5 years.
Debt Coverage: 9NI's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 9NI's interest payments on its debt are not well covered by EBIT (2x coverage).