Nichias Balance Sheet Health
Financial Health criteria checks 6/6
Nichias has a total shareholder equity of ¥212.5B and total debt of ¥14.8B, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are ¥290.4B and ¥77.8B respectively. Nichias's EBIT is ¥39.4B making its interest coverage ratio -64.2. It has cash and short-term investments of ¥62.4B.
Key information
7.0%
Debt to equity ratio
JP¥14.84b
Debt
| Interest coverage ratio | -64.2x |
| Cash | JP¥62.38b |
| Equity | JP¥212.54b |
| Total liabilities | JP¥77.82b |
| Total assets | JP¥290.36b |
Recent financial health updates
Does Nichias (TSE:5393) Have A Healthy Balance Sheet?
Nov 27
Here's Why Nichias (TSE:5393) Can Manage Its Debt Responsibly
May 22Recent updates
Nichias (TSE:5393) Has Announced That It Will Be Increasing Its Dividend To ¥56.00
Dec 03Does Nichias (TSE:5393) Have A Healthy Balance Sheet?
Nov 27Here's What To Make Of Nichias' (TSE:5393) Decelerating Rates Of Return
Oct 14Optimistic Investors Push Nichias Corporation (TSE:5393) Shares Up 30% But Growth Is Lacking
Sep 01Nichias (TSE:5393) Is Increasing Its Dividend To ¥52.00
Aug 23Nichias' (TSE:5393) Dividend Will Be Increased To ¥52.00
Aug 09Nichias (TSE:5393) Is Paying Out A Larger Dividend Than Last Year
Jul 25Nichias (TSE:5393) Is Increasing Its Dividend To ¥52.00
Jul 11Why Nichias Corporation (TSE:5393) Could Be Worth Watching
Jun 20Here's Why Nichias (TSE:5393) Can Manage Its Debt Responsibly
May 22Returns At Nichias (TSE:5393) Appear To Be Weighed Down
Apr 12Nichias' (TSE:5393) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 18Nichias Corporation's (TSE:5393) Share Price Is Matching Sentiment Around Its Earnings
Feb 29Financial Position Analysis
Short Term Liabilities: 5393's short term assets (¥186.1B) exceed its short term liabilities (¥63.9B).
Long Term Liabilities: 5393's short term assets (¥186.1B) exceed its long term liabilities (¥13.9B).
Debt to Equity History and Analysis
Debt Level: 5393 has more cash than its total debt.
Reducing Debt: 5393's debt to equity ratio has reduced from 20% to 7% over the past 5 years.
Debt Coverage: 5393's debt is well covered by operating cash flow (228.1%).
Interest Coverage: 5393 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 | 2024/12/21 06:11 |
| End of Day Share Price | 2024/12/20 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Nichias Corporation is covered by 4 analysts. 3 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 |
|---|---|
| null null | Company Forecast |
| Noritsugu Hirakawa | Daiwa Securities Co. Ltd. |
| Hiroshi Matsuda | Mizuho Securities Co., Ltd. |