Nissin Foods Balance Sheet Health
Financial Health criteria checks 6/6
Nissin Foods has a total shareholder equity of HK$3.7B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$4.6B and HK$903.2M respectively. Nissin Foods's EBIT is HK$431.1M making its interest coverage ratio -14.3. It has cash and short-term investments of HK$1.5B.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -14.3x |
| Cash | HK$1.54b |
| Equity | HK$3.67b |
| Total liabilities | HK$903.22m |
| Total assets | HK$4.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1475's short term assets (HK$2.4B) exceed its short term liabilities (HK$803.0M).
Long Term Liabilities: 1475's short term assets (HK$2.4B) exceed its long term liabilities (HK$100.2M).
Debt to Equity History and Analysis
Debt Level: 1475 is debt free.
Reducing Debt: 1475 has not had any debt for past 5 years.
Debt Coverage: 1475 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1475 has no debt, therefore coverage of interest payments is not a concern.