Nippon Filcon Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Filcon has a total shareholder equity of ¥23.3B and total debt of ¥10.7B, which brings its debt-to-equity ratio to 45.7%. Its total assets and total liabilities are ¥42.9B and ¥19.6B respectively. Nippon Filcon's EBIT is ¥852.0M making its interest coverage ratio 26.6. It has cash and short-term investments of ¥4.2B.
Key information
45.7%
Debt to equity ratio
JP¥10.68b
Debt
| Interest coverage ratio | 26.6x |
| Cash | JP¥4.20b |
| Equity | JP¥23.35b |
| Total liabilities | JP¥19.56b |
| Total assets | JP¥42.91b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 5942's short term assets (¥21.5B) exceed its short term liabilities (¥13.4B).
Long Term Liabilities: 5942's short term assets (¥21.5B) exceed its long term liabilities (¥6.2B).
Debt to Equity History and Analysis
Debt Level: 5942's net debt to equity ratio (27.7%) is considered satisfactory.
Reducing Debt: 5942's debt to equity ratio has reduced from 47.9% to 45.7% over the past 5 years.
Debt Coverage: 5942's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: 5942's interest payments on its debt are well covered by EBIT (26.6x coverage).