Nifco Balance Sheet Health
Financial Health criteria checks 6/6
Nifco has a total shareholder equity of ¥281.7B and total debt of ¥25.3B, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are ¥365.6B and ¥83.9B respectively. Nifco's EBIT is ¥49.2B making its interest coverage ratio -32.1. It has cash and short-term investments of ¥134.7B.
Key information
8.97%
Debt to equity ratio
JP¥25.26b
Debt
| Interest coverage ratio | -32.1x |
| Cash | JP¥134.73b |
| Equity | JP¥281.67b |
| Total liabilities | JP¥83.92b |
| Total assets | JP¥365.59b |
Recent financial health updates
Nifco (TSE:7988) Seems To Use Debt Rather Sparingly
Mar 20
Does Nifco (TSE:7988) Have A Healthy Balance Sheet?
Apr 09Recent updates
Returns At Nifco (TSE:7988) Are On The Way Up
Nov 21Nifco's (TSE:7988) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 08Analyst Estimates: Here's What Brokers Think Of Nifco Inc. (TSE:7988) After Its Interim Report
Nov 04Is Now The Time To Put Nifco (TSE:7988) On Your Watchlist?
Oct 28Nifco (TSE:7988) Will Pay A Dividend Of ¥40.00
Sep 01Insufficient Growth At Nifco Inc. (TSE:7988) Hampers Share Price
Aug 21Nifco (TSE:7988) Has Announced A Dividend Of ¥40.00
Aug 08Nifco (TSE:7988) Has Announced A Dividend Of ¥40.00
Jul 25Nifco (TSE:7988) Has Announced A Dividend Of ¥40.00
Jul 10Results: Nifco Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Jun 28Are Investors Undervaluing Nifco Inc. (TSE:7988) By 42%?
Jun 21Results: Nifco Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
May 14Nifco Inc. (TSE:7988) Could Be Riskier Than It Looks
Apr 29Nifco (TSE:7988) Seems To Use Debt Rather Sparingly
Mar 20Nifco (TSE:7988) Is Paying Out A Larger Dividend Than Last Year
Mar 04Nifco Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Feb 06There's Been No Shortage Of Growth Recently For Nifco's (TSE:7988) Returns On Capital
Feb 03Nifco's (TSE:7988) Dividend Will Be ¥35.00
Dec 26Nifco (TSE:7988) Will Pay A Dividend Of ¥35.00
Nov 26Some May Be Optimistic About Nifco's (TSE:7988) Earnings
Nov 21Nifco Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 03Shareholders Should Be Pleased With Nifco Inc.'s (TSE:7988) Price
Oct 22Returns On Capital At Nifco (TSE:7988) Have Stalled
Oct 06Nifco's (TSE:7988) Dividend Will Be Increased To ¥35.00
Sep 06Nifco (TSE:7988) Is Increasing Its Dividend To ¥35.00
Aug 22At JP¥3,450, Is It Time To Put Nifco Inc. (TSE:7988) On Your Watch List?
Aug 18Nifco (TSE:7988) Is Increasing Its Dividend To ¥35.00
Jul 26Nifco (TSE:7988) Will Pay A Larger Dividend Than Last Year At ¥35.00
Jul 11Nifco's (TSE:7988) Conservative Accounting Might Explain Soft Earnings
May 22Nifco (TSE:7988) Has More To Do To Multiply In Value Going Forward
May 09Take Care Before Diving Into The Deep End On Nifco Inc. (TSE:7988)
Apr 23Does Nifco (TSE:7988) Have A Healthy Balance Sheet?
Apr 09Is There An Opportunity With Nifco Inc.'s (TSE:7988) 35% Undervaluation?
Mar 24Why Nifco Inc. (TSE:7988) Could Be Worth Watching
Mar 10Financial Position Analysis
Short Term Liabilities: 7988's short term assets (¥245.1B) exceed its short term liabilities (¥50.8B).
Long Term Liabilities: 7988's short term assets (¥245.1B) exceed its long term liabilities (¥33.1B).
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 44.2% to 9% over the past 5 years.
Debt Coverage: 7988's debt is well covered by operating cash flow (182.9%).
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/01 08:33 |
| End of Day Share Price | 2025/12/01 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/03/31 |
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 |
| |
| 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.
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 Github.
Analyst Sources
Nifco Inc. is covered by 18 analysts. 7 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 |
|---|---|
| null null | CLSA |
| Joshua Bennison | CLSA |
| Robert G. Purcell | CLSA |