Nikki Balance Sheet Health
Financial Health criteria checks 4/6
Nikki has a total shareholder equity of ¥12.9B and total debt of ¥8.1B, which brings its debt-to-equity ratio to 62.5%. Its total assets and total liabilities are ¥23.6B and ¥10.7B respectively. Nikki's EBIT is ¥810.0M making its interest coverage ratio -42.6. It has cash and short-term investments of ¥4.9B.
Key information
62.5%
Debt to equity ratio
JP¥8.06b
Debt
| Interest coverage ratio | -42.6x |
| Cash | JP¥4.86b |
| Equity | JP¥12.89b |
| Total liabilities | JP¥10.74b |
| Total assets | JP¥23.63b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6042's short term assets (¥9.8B) exceed its short term liabilities (¥6.1B).
Long Term Liabilities: 6042's short term assets (¥9.8B) exceed its long term liabilities (¥4.7B).
Debt to Equity History and Analysis
Debt Level: 6042's net debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: 6042's debt to equity ratio has increased from 32.3% to 62.5% over the past 5 years.
Debt Coverage: 6042's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: 6042 earns more interest than it pays, so coverage of interest payments is not a concern.