Nikko Balance Sheet Health
Financial Health criteria checks 3/6
Nikko has a total shareholder equity of ¥682.0M and total debt of ¥2.3B, which brings its debt-to-equity ratio to 341.1%. Its total assets and total liabilities are ¥9.2B and ¥8.6B respectively. Nikko's EBIT is ¥364.0M making its interest coverage ratio 17.3. It has cash and short-term investments of ¥1.4B.
Key information
341.1%
Debt to equity ratio
JP¥2.33b
Debt
| Interest coverage ratio | 17.3x |
| Cash | JP¥1.45b |
| Equity | JP¥682.00m |
| Total liabilities | JP¥8.57b |
| Total assets | JP¥9.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5343's short term assets (¥6.4B) do not cover its short term liabilities (¥6.8B).
Long Term Liabilities: 5343's short term assets (¥6.4B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 5343's net debt to equity ratio (129.2%) is considered high.
Reducing Debt: 5343's debt to equity ratio has increased from 212.5% to 341.1% over the past 5 years.
Debt Coverage: 5343's debt is well covered by operating cash flow (27.6%).
Interest Coverage: 5343's interest payments on its debt are well covered by EBIT (17.3x coverage).