NTN Balance Sheet Health
Financial Health criteria checks 4/6
NTN has a total shareholder equity of ¥269.1B and total debt of ¥372.0B, which brings its debt-to-equity ratio to 138.3%. Its total assets and total liabilities are ¥887.9B and ¥618.8B respectively. NTN's EBIT is ¥31.3B making its interest coverage ratio 4.3. It has cash and short-term investments of ¥140.0B.
Key information
138.3%
Debt to equity ratio
JP¥372.05b
Debt
| Interest coverage ratio | 4.3x |
| Cash | JP¥140.01b |
| Equity | JP¥269.08b |
| Total liabilities | JP¥618.78b |
| Total assets | JP¥887.85b |
Recent financial health updates
Recent updates
Earnings Report: NTN Corporation Missed Revenue Estimates By 6.6%
Nov 02
NTN (TSE:6472) Is Paying Out A Larger Dividend Than Last Year
Sep 25Here's Why NTN (TSE:6472) Has A Meaningful Debt Burden
Sep 06Take Care Before Jumping Onto NTN Corporation (TSE:6472) Even Though It's 29% Cheaper
Aug 05NTN (TSE:6472) Is Increasing Its Dividend To ¥5.50
Jul 25NTN (TSE:6472) Has Announced That It Will Be Increasing Its Dividend To ¥5.50
Jul 11The Returns At NTN (TSE:6472) Aren't Growing
Jun 27NTN's (TSE:6472) Solid Earnings Have Been Accounted For Conservatively
May 22NTN (TSE:6472) Has Announced A Dividend Of ¥5.00
Mar 11NTN (TSE:6472) Will Pay A Dividend Of ¥5.00
Feb 26Financial Position Analysis
Short Term Liabilities: 6472's short term assets (¥556.1B) exceed its short term liabilities (¥361.5B).
Long Term Liabilities: 6472's short term assets (¥556.1B) exceed its long term liabilities (¥257.3B).
Debt to Equity History and Analysis
Debt Level: 6472's net debt to equity ratio (86.2%) is considered high.
Reducing Debt: 6472's debt to equity ratio has reduced from 150.8% to 138.3% over the past 5 years.
Debt Coverage: 6472's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: 6472's interest payments on its debt are well covered by EBIT (4.3x coverage).