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 ¥2.6B, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are ¥10.6B and ¥4.2B respectively. Nippon Pallet Pool's EBIT is ¥561.0M making its interest coverage ratio 21.6. It has cash and short-term investments of ¥1.6B.
Key information
39.7%
Debt to equity ratio
JP¥2.56b
Debt
| Interest coverage ratio | 21.6x |
| Cash | JP¥1.62b |
| Equity | JP¥6.45b |
| Total liabilities | JP¥4.17b |
| Total assets | JP¥10.62b |
Recent financial health updates
These 4 Measures Indicate That Nippon Pallet Pool (TSE:4690) Is Using Debt Extensively
Jul 26
Nippon Pallet Pool (TYO:4690) Has A Pretty Healthy Balance Sheet
May 03Is Nippon Pallet Pool (TYO:4690) Using Too Much Debt?
Jan 31Recent updates
There May Be Reason For Hope In Nippon Pallet Pool's (TSE:4690) Disappointing Earnings
Nov 20Little Excitement Around Nippon Pallet Pool Co., Ltd.'s (TSE:4690) Earnings As Shares Take 35% Pounding
Aug 05These 4 Measures Indicate That Nippon Pallet Pool (TSE:4690) Is Using Debt Extensively
Jul 26We Think You Can Look Beyond Nippon Pallet Pool's (TSE:4690) Lackluster Earnings
May 21Nippon 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 (¥2.5B) do not cover its short term liabilities (¥2.8B).
Long Term Liabilities: 4690's short term assets (¥2.5B) exceed its long term liabilities (¥1.4B).
Debt to Equity History and Analysis
Debt Level: 4690's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: 4690's debt to equity ratio has reduced from 106.8% to 39.7% over the past 5 years.
Debt Coverage: 4690's debt is well covered by operating cash flow (105.7%).
Interest Coverage: 4690's interest payments on its debt are well covered by EBIT (21.6x coverage).