Nitta Balance Sheet Health
Financial Health criteria checks 6/6
Nitta has a total shareholder equity of ¥150.0B and total debt of ¥154.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ¥175.6B and ¥25.6B respectively. Nitta's EBIT is ¥4.5B making its interest coverage ratio -8.3. It has cash and short-term investments of ¥35.4B.
Key information
0.1%
Debt to equity ratio
JP¥154.00m
Debt
| Interest coverage ratio | -8.3x |
| Cash | JP¥35.42b |
| Equity | JP¥150.02b |
| Total liabilities | JP¥25.58b |
| Total assets | JP¥175.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5186's short term assets (¥81.9B) exceed its short term liabilities (¥17.8B).
Long Term Liabilities: 5186's short term assets (¥81.9B) exceed its long term liabilities (¥7.8B).
Debt to Equity History and Analysis
Debt Level: 5186 has more cash than its total debt.
Reducing Debt: 5186's debt to equity ratio has reduced from 0.3% to 0.1% over the past 5 years.
Debt Coverage: 5186's debt is well covered by operating cash flow (4177.9%).
Interest Coverage: 5186 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 | 2025/01/03 15:25 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
Nitta Corporation is covered by 4 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 |
|---|---|
| Shigeru Matsumura | SMBC Friend Research Centre |
| Seiji Sugiura | Tokai Tokyo Intelligence Laboratory Co., Ltd. |
| Yuuta Tochihara | Tokai Tokyo Intelligence Laboratory Co., Ltd. |