Nippon Avionics Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Avionics has a total shareholder equity of ¥12.9B and total debt of ¥4.8B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are ¥25.3B and ¥12.4B respectively. Nippon Avionics's EBIT is ¥2.4B making its interest coverage ratio 67.2. It has cash and short-term investments of ¥1.1B.
Key information
37.0%
Debt to equity ratio
JP¥4.79b
Debt
| Interest coverage ratio | 67.2x |
| Cash | JP¥1.07b |
| Equity | JP¥12.93b |
| Total liabilities | JP¥12.37b |
| Total assets | JP¥25.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6NA's short term assets (¥17.8B) exceed its short term liabilities (¥8.0B).
Long Term Liabilities: 6NA's short term assets (¥17.8B) exceed its long term liabilities (¥4.3B).
Debt to Equity History and Analysis
Debt Level: 6NA's net debt to equity ratio (28.8%) is considered satisfactory.
Reducing Debt: 6NA's debt to equity ratio has reduced from 61% to 37% over the past 5 years.
Debt Coverage: 6NA's debt is well covered by operating cash flow (41.6%).
Interest Coverage: 6NA's interest payments on its debt are well covered by EBIT (67.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 20:11 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nippon Avionics Co., Ltd. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yusuke Miura | Daiwa Securities Co. Ltd. |
| Koichi Hariya | Ichiyoshi Research Institute Inc. |
| Yusuke Matsuura | Marusan Securities Co. Ltd. |