Nippon Chemi-Con Balance Sheet Health
Financial Health criteria checks 3/6
Nippon Chemi-Con has a total shareholder equity of ¥53.6B and total debt of ¥85.6B, which brings its debt-to-equity ratio to 159.8%. Its total assets and total liabilities are ¥172.9B and ¥119.3B respectively. Nippon Chemi-Con's EBIT is ¥9.4B making its interest coverage ratio 7.5. It has cash and short-term investments of ¥45.3B.
Key information
159.8%
Debt to equity ratio
JP¥85.65b
Debt
| Interest coverage ratio | 7.5x |
| Cash | JP¥45.30b |
| Equity | JP¥53.61b |
| Total liabilities | JP¥119.31b |
| Total assets | JP¥172.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCZ's short term assets (¥104.8B) exceed its short term liabilities (¥75.0B).
Long Term Liabilities: NCZ's short term assets (¥104.8B) exceed its long term liabilities (¥44.3B).
Debt to Equity History and Analysis
Debt Level: NCZ's net debt to equity ratio (75.3%) is considered high.
Reducing Debt: NCZ's debt to equity ratio has increased from 106.3% to 159.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NCZ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NCZ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.