Nippon Hume Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Hume has a total shareholder equity of ¥42.5B and total debt of ¥947.0M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ¥61.2B and ¥18.7B respectively. Nippon Hume's EBIT is ¥2.2B making its interest coverage ratio -12.1. It has cash and short-term investments of ¥14.3B.
Key information
2.2%
Debt to equity ratio
JP¥947.00m
Debt
| Interest coverage ratio | -12.1x |
| Cash | JP¥14.34b |
| Equity | JP¥42.45b |
| Total liabilities | JP¥18.73b |
| Total assets | JP¥61.18b |
Recent financial health updates
Recent updates
There's No Escaping Nippon Hume Corporation's (TSE:5262) Muted Earnings Despite A 36% Share Price Rise
Sep 04
Nippon Hume (TSE:5262) Might Be Having Difficulty Using Its Capital Effectively
Aug 06Is Nippon Hume (TSE:5262) Using Too Much Debt?
Jun 14What Nippon Hume Corporation's (TSE:5262) 28% Share Price Gain Is Not Telling You
May 24Nippon Hume (TSE:5262) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 21Financial Position Analysis
Short Term Liabilities: 5262's short term assets (¥30.8B) exceed its short term liabilities (¥13.7B).
Long Term Liabilities: 5262's short term assets (¥30.8B) exceed its long term liabilities (¥5.0B).
Debt to Equity History and Analysis
Debt Level: 5262 has more cash than its total debt.
Reducing Debt: 5262's debt to equity ratio has reduced from 3.8% to 2.2% over the past 5 years.
Debt Coverage: 5262's debt is well covered by operating cash flow (292.9%).
Interest Coverage: 5262 earns more interest than it pays, so coverage of interest payments is not a concern.