Nissan Chemical Balance Sheet Health
Financial Health criteria checks 5/6
Nissan Chemical has a total shareholder equity of ¥227.1B and total debt of ¥57.4B, which brings its debt-to-equity ratio to 25.3%. Its total assets and total liabilities are ¥335.8B and ¥108.7B respectively. Nissan Chemical's EBIT is ¥47.6B making its interest coverage ratio -43.9. It has cash and short-term investments of ¥33.8B.
Key information
25.3%
Debt to equity ratio
JP¥57.35b
Debt
Interest coverage ratio | -43.9x |
Cash | JP¥33.77b |
Equity | JP¥227.09b |
Total liabilities | JP¥108.71b |
Total assets | JP¥335.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NSC's short term assets (¥212.2B) exceed its short term liabilities (¥92.0B).
Long Term Liabilities: NSC's short term assets (¥212.2B) exceed its long term liabilities (¥16.7B).
Debt to Equity History and Analysis
Debt Level: NSC's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: NSC's debt to equity ratio has increased from 5.1% to 25.3% over the past 5 years.
Debt Coverage: NSC's debt is well covered by operating cash flow (64.1%).
Interest Coverage: NSC earns more interest than it pays, so coverage of interest payments is not a concern.