Nifco Inc.

TSE:7988 Stock Report

Market Cap: JP¥357.1b

Nifco Balance Sheet Health

Financial Health criteria checks 6/6

Nifco has a total shareholder equity of ¥265.8B and total debt of ¥42.5B, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are ¥377.9B and ¥112.2B respectively. Nifco's EBIT is ¥48.4B making its interest coverage ratio -41.5. It has cash and short-term investments of ¥146.7B.

Key information

16.0%

Debt to equity ratio

JP¥42.52b

Debt

Interest coverage ratio-41.5x
CashJP¥146.72b
EquityJP¥265.77b
Total liabilitiesJP¥112.16b
Total assetsJP¥377.92b

Recent financial health updates

Does Nifco (TSE:7988) Have A Healthy Balance Sheet?

Apr 09
Does Nifco (TSE:7988) Have A Healthy Balance Sheet?

Recent updates

Nifco (TSE:7988) Will Pay A Dividend Of ¥35.00

Nov 26
Nifco (TSE:7988) Will Pay A Dividend Of ¥35.00

Some May Be Optimistic About Nifco's (TSE:7988) Earnings

Nov 21
Some May Be Optimistic About Nifco's (TSE:7988) Earnings

Nifco Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Nov 03
Nifco Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Shareholders Should Be Pleased With Nifco Inc.'s (TSE:7988) Price

Oct 22
Shareholders Should Be Pleased With Nifco Inc.'s (TSE:7988) Price

Returns On Capital At Nifco (TSE:7988) Have Stalled

Oct 06
Returns On Capital At Nifco (TSE:7988) Have Stalled

Nifco's (TSE:7988) Dividend Will Be Increased To ¥35.00

Sep 06
Nifco's (TSE:7988) Dividend Will Be Increased To ¥35.00

Nifco (TSE:7988) Is Increasing Its Dividend To ¥35.00

Aug 22
Nifco (TSE:7988) Is Increasing Its Dividend To ¥35.00

At JP¥3,450, Is It Time To Put Nifco Inc. (TSE:7988) On Your Watch List?

Aug 18
At JP¥3,450, Is It Time To Put Nifco Inc. (TSE:7988) On Your Watch List?

Nifco (TSE:7988) Is Increasing Its Dividend To ¥35.00

Jul 26
Nifco (TSE:7988) Is Increasing Its Dividend To ¥35.00

Nifco (TSE:7988) Will Pay A Larger Dividend Than Last Year At ¥35.00

Jul 11
Nifco (TSE:7988) Will Pay A Larger Dividend Than Last Year At ¥35.00

Nifco's (TSE:7988) Conservative Accounting Might Explain Soft Earnings

May 22
Nifco's (TSE:7988) Conservative Accounting Might Explain Soft Earnings

Nifco (TSE:7988) Has More To Do To Multiply In Value Going Forward

May 09
Nifco (TSE:7988) Has More To Do To Multiply In Value Going Forward

Take Care Before Diving Into The Deep End On Nifco Inc. (TSE:7988)

Apr 23
Take Care Before Diving Into The Deep End On Nifco Inc. (TSE:7988)

Does Nifco (TSE:7988) Have A Healthy Balance Sheet?

Apr 09
Does Nifco (TSE:7988) Have A Healthy Balance Sheet?

Is There An Opportunity With Nifco Inc.'s (TSE:7988) 35% Undervaluation?

Mar 24
Is There An Opportunity With Nifco Inc.'s (TSE:7988) 35% Undervaluation?

Why Nifco Inc. (TSE:7988) Could Be Worth Watching

Mar 10
Why Nifco Inc. (TSE:7988) Could Be Worth Watching

Financial Position Analysis

Short Term Liabilities: 7988's short term assets (¥260.3B) exceed its short term liabilities (¥74.7B).

Long Term Liabilities: 7988's short term assets (¥260.3B) exceed its long term liabilities (¥37.5B).

Debt to Equity History and Analysis

Debt Level: 7988 has more cash than its total debt.

Reducing Debt: 7988's debt to equity ratio has reduced from 50.6% to 16% over the past 5 years.

Debt Coverage: 7988's debt is well covered by operating cash flow (122.6%).

Interest Coverage: 7988 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

DataLast Updated (UTC time)
Company Analysis2024/12/23 13:42
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Nifco Inc. is covered by 22 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullCLSA
Joshua BennisonCLSA
Robert G. PurcellCLSA