Nippon Television Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Television Holdings has a total shareholder equity of ¥984.1B and total debt of ¥4.4B, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ¥1,217.0B and ¥232.9B respectively. Nippon Television Holdings's EBIT is ¥46.2B making its interest coverage ratio -10.2. It has cash and short-term investments of ¥173.8B.
Key information
0.4%
Debt to equity ratio
JP¥4.39b
Debt
| Interest coverage ratio | -10.2x |
| Cash | JP¥173.78b |
| Equity | JP¥984.14b |
| Total liabilities | JP¥232.91b |
| Total assets | JP¥1.22t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NP9's short term assets (¥308.5B) exceed its short term liabilities (¥103.6B).
Long Term Liabilities: NP9's short term assets (¥308.5B) exceed its long term liabilities (¥129.3B).
Debt to Equity History and Analysis
Debt Level: NP9 has more cash than its total debt.
Reducing Debt: NP9's debt to equity ratio has increased from 0.4% to 0.4% over the past 5 years.
Debt Coverage: NP9's debt is well covered by operating cash flow (980.1%).
Interest Coverage: NP9 earns more interest than it pays, so coverage of interest payments is not a concern.