Nippon Aqua Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Aqua has a total shareholder equity of ¥9.3B and total debt of ¥4.1B, which brings its debt-to-equity ratio to 43.9%. Its total assets and total liabilities are ¥20.5B and ¥11.1B respectively. Nippon Aqua's EBIT is ¥2.2B making its interest coverage ratio -156.2. It has cash and short-term investments of ¥2.0B.
Key information
43.9%
Debt to equity ratio
JP¥4.10b
Debt
| Interest coverage ratio | -156.2x |
| Cash | JP¥2.02b |
| Equity | JP¥9.34b |
| Total liabilities | JP¥11.14b |
| Total assets | JP¥20.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1429's short term assets (¥15.5B) exceed its short term liabilities (¥11.0B).
Long Term Liabilities: 1429's short term assets (¥15.5B) exceed its long term liabilities (¥107.6M).
Debt to Equity History and Analysis
Debt Level: 1429's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: 1429's debt to equity ratio has increased from 43.4% to 43.9% over the past 5 years.
Debt Coverage: 1429's debt is well covered by operating cash flow (31%).
Interest Coverage: 1429 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 | 2024/12/21 20:38 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| 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 here.
Analysis Model and Snowflake
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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
Nippon Aqua Co., Ltd. is covered by 3 analysts. 1 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 | Daiwa Securities Co. Ltd. |
| Ryo Kawauchi | Marusan Securities Co. Ltd. |
| Kazumasa Ohara | Nomura Securities Co. Ltd. |