Nippon Yusen Kabushiki Kaisha Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Yusen Kabushiki Kaisha has a total shareholder equity of ¥2,884.4B and total debt of ¥684.0B, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are ¥4,336.7B and ¥1,452.3B respectively. Nippon Yusen Kabushiki Kaisha's EBIT is ¥193.5B making its interest coverage ratio 394. It has cash and short-term investments of ¥149.1B.
Key information
23.7%
Debt to equity ratio
JP¥684.03b
Debt
| Interest coverage ratio | 394x |
| Cash | JP¥149.14b |
| Equity | JP¥2.88t |
| Total liabilities | JP¥1.45t |
| Total assets | JP¥4.34t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NYK's short term assets (¥730.4B) exceed its short term liabilities (¥591.8B).
Long Term Liabilities: NYK's short term assets (¥730.4B) do not cover its long term liabilities (¥860.5B).
Debt to Equity History and Analysis
Debt Level: NYK's net debt to equity ratio (18.5%) is considered satisfactory.
Reducing Debt: NYK's debt to equity ratio has reduced from 196.8% to 23.7% over the past 5 years.
Debt Coverage: NYK's debt is well covered by operating cash flow (58.7%).
Interest Coverage: NYK's interest payments on its debt are well covered by EBIT (394x coverage).