Nippon Thompson Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Thompson has a total shareholder equity of ¥74.5B and total debt of ¥27.6B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are ¥118.4B and ¥43.9B respectively. Nippon Thompson's EBIT is ¥5.0B making its interest coverage ratio -21.1. It has cash and short-term investments of ¥20.3B.
Key information
37.0%
Debt to equity ratio
JP¥27.59b
Debt
Interest coverage ratio | -21.1x |
Cash | JP¥20.26b |
Equity | JP¥74.53b |
Total liabilities | JP¥43.90b |
Total assets | JP¥118.43b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6480's short term assets (¥78.4B) exceed its short term liabilities (¥26.1B).
Long Term Liabilities: 6480's short term assets (¥78.4B) exceed its long term liabilities (¥17.8B).
Debt to Equity History and Analysis
Debt Level: 6480's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: 6480's debt to equity ratio has reduced from 37.5% to 37% over the past 5 years.
Debt Coverage: 6480's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: 6480 earns more interest than it pays, so coverage of interest payments is not a concern.