NHK Spring Balance Sheet Health
Financial Health criteria checks 6/6
NHK Spring has a total shareholder equity of ¥424.3B and total debt of ¥63.6B, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are ¥697.7B and ¥273.4B respectively. NHK Spring's EBIT is ¥49.5B making its interest coverage ratio -10.4. It has cash and short-term investments of ¥107.2B.
Key information
15.0%
Debt to equity ratio
JP¥63.56b
Debt
| Interest coverage ratio | -10.4x |
| Cash | JP¥107.20b |
| Equity | JP¥424.31b |
| Total liabilities | JP¥273.39b |
| Total assets | JP¥697.70b |
Recent financial health updates
Does NHK Spring (TSE:5991) Have A Healthy Balance Sheet?
Oct 22
Here's Why NHK Spring (TSE:5991) Can Manage Its Debt Responsibly
Jun 04Recent updates
NHK Spring's (TSE:5991) Dividend Will Be Increased To ¥33.00
Dec 18NHK Spring's (TSE:5991) Dividend Will Be Increased To ¥33.00
Dec 04NHK Spring's (TSE:5991) Earnings Are Weaker Than They Seem
Nov 20Benign Growth For NHK Spring Co., Ltd. (TSE:5991) Underpins Its Share Price
Nov 05Does NHK Spring (TSE:5991) Have A Healthy Balance Sheet?
Oct 22Do NHK Spring's (TSE:5991) Earnings Warrant Your Attention?
Oct 07NHK Spring (TSE:5991) Is Looking To Continue Growing Its Returns On Capital
Sep 12NHK Spring's (TSE:5991) Dividend Will Be Increased To ¥30.00
Aug 27NHK Spring (TSE:5991) Has Announced That It Will Be Increasing Its Dividend To ¥27.00
Aug 08The Market Doesn't Like What It Sees From NHK Spring Co., Ltd.'s (TSE:5991) Earnings Yet As Shares Tumble 26%
Aug 05NHK Spring (TSE:5991) Has Announced That It Will Be Increasing Its Dividend To ¥27.00
Jul 25NHK Spring (TSE:5991) Is Paying Out A Larger Dividend Than Last Year
Jul 11Here's Why NHK Spring (TSE:5991) Can Manage Its Debt Responsibly
Jun 04NHK Spring's (TSE:5991) Solid Profits Have Weak Fundamentals
May 22NHK Spring Co., Ltd.'s (TSE:5991) P/E Still Appears To Be Reasonable
Apr 28Estimating The Intrinsic Value Of NHK Spring Co., Ltd. (TSE:5991)
Apr 15Be Wary Of NHK Spring (TSE:5991) And Its Returns On Capital
Mar 13NHK Spring (TSE:5991) Has Announced That It Will Be Increasing Its Dividend To ¥23.00
Feb 27Financial Position Analysis
Short Term Liabilities: 5991's short term assets (¥393.6B) exceed its short term liabilities (¥177.6B).
Long Term Liabilities: 5991's short term assets (¥393.6B) exceed its long term liabilities (¥95.8B).
Debt to Equity History and Analysis
Debt Level: 5991 has more cash than its total debt.
Reducing Debt: 5991's debt to equity ratio has reduced from 19.3% to 15% over the past 5 years.
Debt Coverage: 5991's debt is well covered by operating cash flow (93.2%).
Interest Coverage: 5991 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 17:01 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NHK Spring Co., Ltd. is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Masaru Koshita | Barclays |
| Shiro Sakamaki | BofA Global Research |
| Shiro Sakamaki | Daiwa Securities Co. Ltd. |