Nippon Pallet Pool Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Pallet Pool has a total shareholder equity of ¥6.4B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 49.3%. Its total assets and total liabilities are ¥11.3B and ¥5.0B respectively. Nippon Pallet Pool's EBIT is ¥833.0M making its interest coverage ratio 29.8. It has cash and short-term investments of ¥1.2B.
Key information
49.3%
Debt to equity ratio
JP¥3.14b
Debt
| Interest coverage ratio | 29.8x |
| Cash | JP¥1.23b |
| Equity | JP¥6.37b |
| Total liabilities | JP¥4.98b |
| Total assets | JP¥11.35b |
Recent financial health updates
Nippon Pallet Pool (TYO:4690) Has A Pretty Healthy Balance Sheet
May 03
Is Nippon Pallet Pool (TYO:4690) Using Too Much Debt?
Jan 31Recent updates
Nippon Pallet Pool (TYO:4690) Has A Pretty Healthy Balance Sheet
May 03The Return Trends At Nippon Pallet Pool (TYO:4690) Look Promising
Mar 29Is Nippon Pallet Pool (TYO:4690) Using Too Much Debt?
Jan 31Will Nippon Pallet Pool's (TYO:4690) Growth In ROCE Persist?
Dec 29
Here's Why We Don't Think Nippon Pallet Pool's (TYO:4690) Statutory Earnings Reflect Its Underlying Earnings Potential
Nov 28Financial Position Analysis
Short Term Liabilities: 4690's short term assets (¥2.3B) do not cover its short term liabilities (¥3.0B).
Long Term Liabilities: 4690's short term assets (¥2.3B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 4690's net debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: 4690's debt to equity ratio has reduced from 102.9% to 49.3% over the past 5 years.
Debt Coverage: 4690's debt is well covered by operating cash flow (101.7%).
Interest Coverage: 4690's interest payments on its debt are well covered by EBIT (29.8x coverage).