Nix Balance Sheet Health
Financial Health criteria checks 5/6
Nix has a total shareholder equity of ¥4.3B and total debt of ¥242.0M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are ¥5.9B and ¥1.6B respectively.
Key information
5.7%
Debt to equity ratio
JP¥242.00m
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥2.05b |
| Equity | JP¥4.28b |
| Total liabilities | JP¥1.63b |
| Total assets | JP¥5.91b |
Recent financial health updates
We Think Nix (TSE:4243) Can Stay On Top Of Its Debt
Aug 05
Is Nix (TYO:4243) A Risky Investment?
Mar 12Recent updates
Nix's (TSE:4243) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 25We Think Nix (TSE:4243) Can Stay On Top Of Its Debt
Aug 05Something To Consider Before Buying Nix, Inc. (TYO:4243) For The 1.0% Dividend
May 04Is Nix (TYO:4243) A Risky Investment?
Mar 12Is Nix, Inc. (TYO:4243) A Good Dividend Stock?
Jan 18Financial Position Analysis
Short Term Liabilities: 4243's short term assets (¥3.8B) exceed its short term liabilities (¥1.0B).
Long Term Liabilities: 4243's short term assets (¥3.8B) exceed its long term liabilities (¥598.0M).
Debt to Equity History and Analysis
Debt Level: 4243 has more cash than its total debt.
Reducing Debt: 4243's debt to equity ratio has reduced from 9.6% to 5.7% over the past 5 years.
Debt Coverage: 4243's debt is well covered by operating cash flow (154.5%).
Interest Coverage: Insufficient data to determine if 4243's interest payments on its debt are well covered by EBIT.