Nippon Carbon Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Carbon has a total shareholder equity of ¥58.6B and total debt of ¥8.8B, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are ¥80.1B and ¥21.5B respectively. Nippon Carbon's EBIT is ¥6.8B making its interest coverage ratio -50. It has cash and short-term investments of ¥13.0B.
Key information
15.0%
Debt to equity ratio
JP¥8.81b
Debt
Interest coverage ratio | -50x |
Cash | JP¥13.04b |
Equity | JP¥58.60b |
Total liabilities | JP¥21.52b |
Total assets | JP¥80.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5302's short term assets (¥46.4B) exceed its short term liabilities (¥18.2B).
Long Term Liabilities: 5302's short term assets (¥46.4B) exceed its long term liabilities (¥3.3B).
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 29.1% to 15% over the past 5 years.
Debt Coverage: 5302's debt is well covered by operating cash flow (36.2%).
Interest Coverage: 5302 earns more interest than it pays, so coverage of interest payments is not a concern.