Nikko Balance Sheet Health
Financial Health criteria checks 6/6
Nikko has a total shareholder equity of ¥1.5B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 127%. Its total assets and total liabilities are ¥9.5B and ¥8.0B respectively. Nikko's EBIT is ¥387.0M making its interest coverage ratio 18.4. It has cash and short-term investments of ¥1.3B.
Key information
127.0%
Debt to equity ratio
JP¥1.86b
Debt
| Interest coverage ratio | 18.4x |
| Cash | JP¥1.34b |
| Equity | JP¥1.47b |
| Total liabilities | JP¥8.00b |
| Total assets | JP¥9.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5343's short term assets (¥6.7B) exceed its short term liabilities (¥6.3B).
Long Term Liabilities: 5343's short term assets (¥6.7B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 5343's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: 5343's debt to equity ratio has reduced from 195.9% to 127% over the past 5 years.
Debt Coverage: 5343's debt is well covered by operating cash flow (48.4%).
Interest Coverage: 5343's interest payments on its debt are well covered by EBIT (18.4x coverage).