Nippon Chemi-Con Corporation

DB:NCZ Stock Report

Market Cap: €150.1m

Nippon Chemi-Con Balance Sheet Health

Financial Health criteria checks 3/6

Nippon Chemi-Con has a total shareholder equity of ¥54.5B and total debt of ¥72.3B, which brings its debt-to-equity ratio to 132.6%. Its total assets and total liabilities are ¥158.3B and ¥103.8B respectively. Nippon Chemi-Con's EBIT is ¥6.1B making its interest coverage ratio 4.1. It has cash and short-term investments of ¥26.3B.

Key information

132.6%

Debt to equity ratio

JP¥72.28b

Debt

Interest coverage ratio4.1x
CashJP¥26.32b
EquityJP¥54.50b
Total liabilitiesJP¥103.84b
Total assetsJP¥158.33b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: NCZ's short term assets (¥87.2B) exceed its short term liabilities (¥49.9B).

Long Term Liabilities: NCZ's short term assets (¥87.2B) exceed its long term liabilities (¥54.0B).

Debt to Equity History and Analysis

Debt Level: NCZ's net debt to equity ratio (84.3%) is considered high.

Reducing Debt: NCZ's debt to equity ratio has increased from 114.7% to 132.6% over the past 5 years.

Debt Coverage: NCZ's debt is not well covered by operating cash flow (14.7%).

Interest Coverage: NCZ's interest payments on its debt are well covered by EBIT (4.1x coverage).

Balance Sheet

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