NSK Balance Sheet Health
Financial Health criteria checks 5/6
NSK has a total shareholder equity of ¥660.1B and total debt of ¥340.7B, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are ¥1,220.5B and ¥560.5B respectively. NSK's EBIT is ¥24.8B making its interest coverage ratio 7. It has cash and short-term investments of ¥142.1B.
Key information
51.6%
Debt to equity ratio
JP¥340.67b
Debt
| Interest coverage ratio | 7x |
| Cash | JP¥142.07b |
| Equity | JP¥660.06b |
| Total liabilities | JP¥560.45b |
| Total assets | JP¥1.22t |
Recent financial health updates
Recent updates
NSK (TSE:6471) Will Be Hoping To Turn Its Returns On Capital Around
Oct 03
We Think NSK (TSE:6471) Is Taking Some Risk With Its Debt
Jul 27An Intrinsic Calculation For NSK Ltd. (TSE:6471) Suggests It's 26% Undervalued
May 09If EPS Growth Is Important To You, NSK (TSE:6471) Presents An Opportunity
Apr 24NSK (TSE:6471) Is Due To Pay A Dividend Of ¥15.00
Mar 02Some Investors May Be Worried About NSK's (TSE:6471) Returns On Capital
Feb 26Financial Position Analysis
Short Term Liabilities: 6471's short term assets (¥581.5B) exceed its short term liabilities (¥277.1B).
Long Term Liabilities: 6471's short term assets (¥581.5B) exceed its long term liabilities (¥283.4B).
Debt to Equity History and Analysis
Debt Level: 6471's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: 6471's debt to equity ratio has reduced from 55.2% to 51.6% over the past 5 years.
Debt Coverage: 6471's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: 6471's interest payments on its debt are well covered by EBIT (7x coverage).