Nippon Yusen Kabushiki Kaisha Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Yusen Kabushiki Kaisha has a total shareholder equity of ¥2,824.0B and total debt of ¥623.5B, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are ¥4,178.9B and ¥1,354.9B respectively. Nippon Yusen Kabushiki Kaisha's EBIT is ¥191.5B making its interest coverage ratio 84.4. It has cash and short-term investments of ¥145.2B.
Key information
22.1%
Debt to equity ratio
JP¥623.50b
Debt
| Interest coverage ratio | 84.4x |
| Cash | JP¥145.19b |
| Equity | JP¥2.82t |
| Total liabilities | JP¥1.35t |
| Total assets | JP¥4.18t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NYKA's short term assets (¥708.5B) exceed its short term liabilities (¥541.4B).
Long Term Liabilities: NYKA's short term assets (¥708.5B) do not cover its long term liabilities (¥813.5B).
Debt to Equity History and Analysis
Debt Level: NYKA's net debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: NYKA's debt to equity ratio has reduced from 202.2% to 22.1% over the past 5 years.
Debt Coverage: NYKA's debt is well covered by operating cash flow (60.6%).
Interest Coverage: NYKA's interest payments on its debt are well covered by EBIT (84.4x coverage).