Nippon Chemi-Con Balance Sheet Health
Financial Health criteria checks 3/6
Nippon Chemi-Con has a total shareholder equity of ¥47.7B and total debt of ¥86.2B, which brings its debt-to-equity ratio to 180.8%. Its total assets and total liabilities are ¥175.2B and ¥127.6B respectively. Nippon Chemi-Con's EBIT is ¥11.1B making its interest coverage ratio 10.4. It has cash and short-term investments of ¥43.9B.
Key information
180.8%
Debt to equity ratio
JP¥86.16b
Debt
Interest coverage ratio | 10.4x |
Cash | JP¥43.87b |
Equity | JP¥47.66b |
Total liabilities | JP¥127.59b |
Total assets | JP¥175.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCZ's short term assets (¥107.7B) exceed its short term liabilities (¥78.0B).
Long Term Liabilities: NCZ's short term assets (¥107.7B) exceed its long term liabilities (¥49.6B).
Debt to Equity History and Analysis
Debt Level: NCZ's net debt to equity ratio (88.7%) is considered high.
Reducing Debt: NCZ's debt to equity ratio has increased from 98.8% to 180.8% 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.