Nikko Balance Sheet Health
Financial Health criteria checks 5/6
Nikko has a total shareholder equity of ¥33.4B and total debt of ¥11.2B, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are ¥64.0B and ¥30.6B respectively. Nikko's EBIT is ¥3.0B making its interest coverage ratio -58.4. It has cash and short-term investments of ¥15.8B.
Key information
33.5%
Debt to equity ratio
JP¥11.18b
Debt
| Interest coverage ratio | -58.4x |
| Cash | JP¥15.84b |
| Equity | JP¥33.39b |
| Total liabilities | JP¥30.61b |
| Total assets | JP¥64.00b |
Recent financial health updates
No updates
Recent updates
Nikko (TSE:6306) Has Affirmed Its Dividend Of ¥15.00
Sep 18
Nikko (TSE:6306) Will Pay A Dividend Of ¥15.00
Sep 04Nikko's (TSE:6306) Dividend Will Be ¥15.00
Aug 21Nikko (TSE:6306) Is Paying Out A Dividend Of ¥15.00
Jul 26Nikko (TSE:6306) Is Paying Out A Dividend Of ¥15.00
Jul 11Nikko (TSE:6306) Has Affirmed Its Dividend Of ¥15.00
Mar 25Nikko's (TSE:6306) Dividend Will Be ¥15.00
Mar 11Nikko (TSE:6306) Is Paying Out A Dividend Of ¥15.00
Feb 26Financial Position Analysis
Short Term Liabilities: 6306's short term assets (¥41.1B) exceed its short term liabilities (¥22.7B).
Long Term Liabilities: 6306's short term assets (¥41.1B) exceed its long term liabilities (¥7.9B).
Debt to Equity History and Analysis
Debt Level: 6306 has more cash than its total debt.
Reducing Debt: 6306's debt to equity ratio has increased from 5.7% to 33.5% over the past 5 years.
Debt Coverage: 6306's debt is well covered by operating cash flow (39.5%).
Interest Coverage: 6306 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 | 2024/12/23 18:24 |
| End of Day Share Price | 2024/12/23 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| 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
Nikko Co., Ltd. is covered by 2 analysts. 0 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 |
|---|---|
| Sang-woo Lee | Eugene Investment & Securities Co Ltd. |
| Yoko Mizoguchi | Ichiyoshi Research Institute Inc. |