Nippon Yusen Kabushiki Kaisha Balance Sheet Health
Financial Health criteria checks 4/6
Nippon Yusen Kabushiki Kaisha has a total shareholder equity of ¥2,693.4B and total debt of ¥816.0B, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are ¥4,254.8B and ¥1,561.4B respectively. Nippon Yusen Kabushiki Kaisha's EBIT is ¥174.7B making its interest coverage ratio -141.1. It has cash and short-term investments of ¥156.2B.
Key information
30.3%
Debt to equity ratio
JP¥816.01b
Debt
Interest coverage ratio | -141.1x |
Cash | JP¥156.16b |
Equity | JP¥2.69t |
Total liabilities | JP¥1.56t |
Total assets | JP¥4.25t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NYK's short term assets (¥703.5B) do not cover its short term liabilities (¥744.6B).
Long Term Liabilities: NYK's short term assets (¥703.5B) do not cover its long term liabilities (¥816.9B).
Debt to Equity History and Analysis
Debt Level: NYK's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: NYK's debt to equity ratio has reduced from 196.7% to 30.3% over the past 5 years.
Debt Coverage: NYK's debt is well covered by operating cash flow (49.2%).
Interest Coverage: NYK earns more interest than it pays, so coverage of interest payments is not a concern.