Nissan Medical Industries Balance Sheet Health
Financial Health criteria checks 4/6
Nissan Medical Industries has a total shareholder equity of ₪354.8M and total debt of ₪183.9M, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are ₪706.0M and ₪351.2M respectively. Nissan Medical Industries's EBIT is ₪61.4M making its interest coverage ratio 2.9. It has cash and short-term investments of ₪25.1M.
Key information
51.8%
Debt to equity ratio
₪183.89m
Debt
| Interest coverage ratio | 2.9x |
| Cash | ₪25.05m |
| Equity | ₪354.79m |
| Total liabilities | ₪351.20m |
| Total assets | ₪705.98m |
Recent financial health updates
Nissan Medical Industries (TLV:NISA) Has A Somewhat Strained Balance Sheet
Mar 18
Is Nissan Medical Industries (TLV:NISA) Using Too Much Debt?
Nov 09Is Nissan Medical Industries (TLV:NISA) Using Too Much Debt?
Jan 03Does Nissan Medical Industries (TLV:NISA) Have A Healthy Balance Sheet?
Mar 27Is Nissan Medical Industries (TLV:NISA) Using Too Much Debt?
Dec 26Recent updates
We Think Nissan Medical Industries' (TLV:NISA) Profit Is Only A Baseline For What They Can Achieve
Mar 27Nissan Medical Industries (TLV:NISA) Has A Somewhat Strained Balance Sheet
Mar 18Nissan Medical Industries (TLV:NISA) Will Be Hoping To Turn Its Returns On Capital Around
Nov 30Calculating The Intrinsic Value Of Nissan Medical Industries Ltd (TLV:NISA)
Oct 26Calculating The Intrinsic Value Of Nissan Medical Industries Ltd (TLV:NISA)
Dec 14Is Nissan Medical Industries (TLV:NISA) Using Too Much Debt?
Nov 09Is Nissan Medical Industries (TLV:NISA) Using Too Much Debt?
Jan 03Do Nissan Medical Industries's (TLV:NISA) Earnings Warrant Your Attention?
May 07Under The Bonnet, Nissan Medical Industries' (TLV:NISA) Returns Look Impressive
Apr 14Does Nissan Medical Industries (TLV:NISA) Have A Healthy Balance Sheet?
Mar 27Nissan Medical Industries (TLV:NISA) Shareholders Have Enjoyed An Impressive 227% Share Price Gain
Mar 09Is Nissan Medical Industries Ltd.'s (TLV:NISA) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Feb 18
Does Nissan Medical Industries (TLV:NISA) Deserve A Spot On Your Watchlist?
Feb 01Should We Be Excited About The Trends Of Returns At Nissan Medical Industries (TLV:NISA)?
Jan 13Is Nissan Medical Industries (TLV:NISA) Using Too Much Debt?
Dec 26What Can We Conclude About Nissan Medical Industries' (TLV:NISA) CEO Pay?
Dec 11Introducing Nissan Medical Industries (TLV:NISA), A Stock That Climbed 89% In The Last Year
Nov 25Financial Position Analysis
Short Term Liabilities: NISA's short term assets (₪255.9M) exceed its short term liabilities (₪221.2M).
Long Term Liabilities: NISA's short term assets (₪255.9M) exceed its long term liabilities (₪130.0M).
Debt to Equity History and Analysis
Debt Level: NISA's net debt to equity ratio (44.8%) is considered high.
Reducing Debt: NISA's debt to equity ratio has reduced from 116% to 51.8% over the past 5 years.
Debt Coverage: NISA's debt is well covered by operating cash flow (57.5%).
Interest Coverage: NISA's interest payments on its debt are not well covered by EBIT (2.9x coverage).