Nisshinbo Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Nisshinbo Holdings has a total shareholder equity of ¥276.6B and total debt of ¥216.0B, which brings its debt-to-equity ratio to 78.1%. Its total assets and total liabilities are ¥672.2B and ¥395.6B respectively. Nisshinbo Holdings's EBIT is ¥12.5B making its interest coverage ratio 4.5. It has cash and short-term investments of ¥52.5B.
Key information
78.1%
Debt to equity ratio
JP¥216.04b
Debt
Interest coverage ratio | 4.5x |
Cash | JP¥52.50b |
Equity | JP¥276.58b |
Total liabilities | JP¥395.64b |
Total assets | JP¥672.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3105's short term assets (¥366.5B) exceed its short term liabilities (¥247.8B).
Long Term Liabilities: 3105's short term assets (¥366.5B) exceed its long term liabilities (¥147.8B).
Debt to Equity History and Analysis
Debt Level: 3105's net debt to equity ratio (59.1%) is considered high.
Reducing Debt: 3105's debt to equity ratio has increased from 61.2% to 78.1% over the past 5 years.
Debt Coverage: 3105's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 3105's interest payments on its debt are well covered by EBIT (4.5x coverage).