Nippon Filcon Balance Sheet Health
Financial Health criteria checks 4/6
Nippon Filcon has a total shareholder equity of ¥22.8B and total debt of ¥11.2B, which brings its debt-to-equity ratio to 48.8%. Its total assets and total liabilities are ¥42.7B and ¥19.9B respectively. Nippon Filcon's EBIT is ¥624.0M making its interest coverage ratio 124.8. It has cash and short-term investments of ¥4.5B.
Key information
48.8%
Debt to equity ratio
JP¥11.16b
Debt
Interest coverage ratio | 124.8x |
Cash | JP¥4.46b |
Equity | JP¥22.84b |
Total liabilities | JP¥19.90b |
Total assets | JP¥42.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5942's short term assets (¥20.9B) exceed its short term liabilities (¥14.0B).
Long Term Liabilities: 5942's short term assets (¥20.9B) exceed its long term liabilities (¥5.9B).
Debt to Equity History and Analysis
Debt Level: 5942's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: 5942's debt to equity ratio has increased from 47.1% to 48.8% over the past 5 years.
Debt Coverage: 5942's debt is not well covered by operating cash flow (16%).
Interest Coverage: 5942's interest payments on its debt are well covered by EBIT (124.8x coverage).