NSK Balance Sheet Health
Financial Health criteria checks 5/6
NSK has a total shareholder equity of ¥637.8B and total debt of ¥355.0B, which brings its debt-to-equity ratio to 55.7%. Its total assets and total liabilities are ¥1,261.1B and ¥623.3B respectively. NSK's EBIT is ¥30.1B making its interest coverage ratio 15.6. It has cash and short-term investments of ¥208.6B.
Key information
55.7%
Debt to equity ratio
JP¥354.97b
Debt
Interest coverage ratio | 15.6x |
Cash | JP¥208.59b |
Equity | JP¥637.81b |
Total liabilities | JP¥623.27b |
Total assets | JP¥1.26t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6471's short term assets (¥646.1B) exceed its short term liabilities (¥336.6B).
Long Term Liabilities: 6471's short term assets (¥646.1B) exceed its long term liabilities (¥286.7B).
Debt to Equity History and Analysis
Debt Level: 6471's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: 6471's debt to equity ratio has increased from 50.7% to 55.7% over the past 5 years.
Debt Coverage: 6471's debt is well covered by operating cash flow (30.4%).
Interest Coverage: 6471's interest payments on its debt are well covered by EBIT (15.6x coverage).