Nippon Carbon Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Carbon has a total shareholder equity of ¥59.3B and total debt of ¥9.3B, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are ¥79.2B and ¥20.0B respectively. Nippon Carbon's EBIT is ¥6.9B making its interest coverage ratio -38.4. It has cash and short-term investments of ¥11.3B.
Key information
15.6%
Debt to equity ratio
JP¥9.26b
Debt
| Interest coverage ratio | -38.4x |
| Cash | JP¥11.33b |
| Equity | JP¥59.27b |
| Total liabilities | JP¥19.97b |
| Total assets | JP¥79.24b |
Recent financial health updates
Recent updates
Nippon Carbon (TSE:5302) Is Due To Pay A Dividend Of ¥100.00
Oct 16
Nippon Carbon (TSE:5302) Has Affirmed Its Dividend Of ¥100.00
Aug 26Nippon Carbon's (TSE:5302) Dividend Will Be ¥100.00
Aug 12Does Nippon Carbon (TSE:5302) Have A Healthy Balance Sheet?
Aug 06Nippon Carbon (TSE:5302) Is Due To Pay A Dividend Of ¥100.00
Jun 19Nippon Carbon's (TSE:5302) Dividend Will Be ¥100.00
Apr 26Nippon Carbon (TSE:5302) Has Affirmed Its Dividend Of ¥100.00
Apr 11One Analyst's Earnings Estimates For Nippon Carbon Co., Ltd. (TSE:5302) Are Surging Higher
Mar 08Financial Position Analysis
Short Term Liabilities: 5302's short term assets (¥44.3B) exceed its short term liabilities (¥16.9B).
Long Term Liabilities: 5302's short term assets (¥44.3B) exceed its long term liabilities (¥3.1B).
Debt to Equity History and Analysis
Debt Level: 5302 has more cash than its total debt.
Reducing Debt: 5302's debt to equity ratio has reduced from 25.7% to 15.6% over the past 5 years.
Debt Coverage: 5302's debt is well covered by operating cash flow (37.6%).
Interest Coverage: 5302 earns more interest than it pays, so coverage of interest payments is not a concern.