NittoseikoLtd Balance Sheet Health
Financial Health criteria checks 6/6
NittoseikoLtd has a total shareholder equity of ¥37.5B and total debt of ¥1.6B, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ¥53.6B and ¥16.1B respectively. NittoseikoLtd's EBIT is ¥3.1B making its interest coverage ratio -101.7. It has cash and short-term investments of ¥9.6B.
Key information
4.2%
Debt to equity ratio
JP¥1.59b
Debt
| Interest coverage ratio | -101.7x |
| Cash | JP¥9.57b |
| Equity | JP¥37.48b |
| Total liabilities | JP¥16.12b |
| Total assets | JP¥53.59b |
Recent financial health updates
No updates
Recent updates
NittoseikoLtd (TSE:5957) Will Pay A Dividend Of ¥9.50
Sep 26
NittoseikoLtd (TSE:5957) Is Due To Pay A Dividend Of ¥9.50
Sep 02NittoseikoLtd (TSE:5957) Will Pay A Dividend Of ¥9.50
Aug 13Is There An Opportunity With Nittoseiko Co.,Ltd.'s (TSE:5957) 24% Undervaluation?
Jul 11NittoseikoLtd's (TSE:5957) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 25NittoseikoLtd (TSE:5957) Is Increasing Its Dividend To ¥9.50
Apr 11Financial Position Analysis
Short Term Liabilities: 5957's short term assets (¥34.9B) exceed its short term liabilities (¥12.4B).
Long Term Liabilities: 5957's short term assets (¥34.9B) exceed its long term liabilities (¥3.7B).
Debt to Equity History and Analysis
Debt Level: 5957 has more cash than its total debt.
Reducing Debt: 5957's debt to equity ratio has reduced from 12.5% to 4.2% over the past 5 years.
Debt Coverage: 5957's debt is well covered by operating cash flow (151.4%).
Interest Coverage: 5957 earns more interest than it pays, so coverage of interest payments is not a concern.