Nidec Balance Sheet Health
Financial Health criteria checks 6/6
Nidec has a total shareholder equity of ¥1,626.5B and total debt of ¥668.3B, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are ¥3,181.4B and ¥1,554.9B respectively. Nidec's EBIT is ¥168.4B making its interest coverage ratio -10.8. It has cash and short-term investments of ¥215.6B.
Key information
41.1%
Debt to equity ratio
JP¥668.30b
Debt
| Interest coverage ratio | -10.8x |
| Cash | JP¥215.62b |
| Equity | JP¥1.63t |
| Total liabilities | JP¥1.55t |
| Total assets | JP¥3.18t |
Recent financial health updates
Is Nidec (TSE:6594) A Risky Investment?
Aug 22
Nidec (TSE:6594) Has A Somewhat Strained Balance Sheet
Apr 21Recent updates
Getting In Cheap On Nidec Corporation (TSE:6594) Might Be Difficult
Dec 16Should You Investigate Nidec Corporation (TSE:6594) At JP¥2,922?
Nov 09Nidec Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Oct 27Nidec (TSE:6594) May Have Issues Allocating Its Capital
Oct 07Nidec (TSE:6594) Has Announced A Dividend Of ¥40.00
Sep 13Investors Appear Satisfied With Nidec Corporation's (TSE:6594) Prospects
Sep 05Is Nidec (TSE:6594) A Risky Investment?
Aug 22Nidec's (TSE:6594) Dividend Will Be ¥40.00
Jul 26Nidec Corporation Just Recorded A 33% EPS Beat: Here's What Analysts Are Forecasting Next
Jul 25Nidec (TSE:6594) Is Due To Pay A Dividend Of ¥40.00
Jul 12A Look At The Fair Value Of Nidec Corporation (TSE:6594)
Jun 08Market Participants Recognise Nidec Corporation's (TSE:6594) Earnings
May 25Nidec (TSE:6594) Will Want To Turn Around Its Return Trends
May 11Nidec Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Apr 25Nidec (TSE:6594) Has A Somewhat Strained Balance Sheet
Apr 21Nidec (TSE:6594) Is Increasing Its Dividend To ¥40.00
Mar 19Nidec's (TSE:6594) Dividend Will Be Increased To ¥40.00
Feb 26Financial Position Analysis
Short Term Liabilities: 6594's short term assets (¥1,556.2B) exceed its short term liabilities (¥932.6B).
Long Term Liabilities: 6594's short term assets (¥1,556.2B) exceed its long term liabilities (¥622.3B).
Debt to Equity History and Analysis
Debt Level: 6594's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: 6594's debt to equity ratio has reduced from 47.9% to 41.1% over the past 5 years.
Debt Coverage: 6594's debt is well covered by operating cash flow (41.5%).
Interest Coverage: 6594 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 00:15 |
| End of Day Share Price | 2024/12/20 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Nidec Corporation is covered by 36 analysts. 20 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 |
|---|---|
| George Chang | Aletheia Analyst Network Limited |
| Masaru Koshita | Barclays |
| Masahiro Wakasugi | BNP Paribas Securities (Asia) |