Nireco Balance Sheet Health

Financial Health criteria checks 5/6

Nireco has a total shareholder equity of ¥15.4B and total debt of ¥159.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ¥17.6B and ¥2.2B respectively. Nireco's EBIT is ¥1.5B making its interest coverage ratio -20.4. It has cash and short-term investments of ¥4.1B.

Key information

1.0%

Debt to equity ratio

JP¥159.00m

Debt

Interest coverage ratio	-20.4x
Cash	JP¥4.14b
Equity	JP¥15.43b
Total liabilities	JP¥2.20b
Total assets	JP¥17.63b

Recent financial health updates

Is Nireco (TYO:6863) A Risky Investment?

May 03

Here's Why Nireco (TYO:6863) Can Manage Its Debt Responsibly

Jan 15

Recent updates

Nireco Corporation (TYO:6863) Vies For A Place In Your Dividend Portfolio: Here's Why

Mar 12

Shareholders Of Nireco (TYO:6863) Must Be Happy With Their 94% Return

Feb 22

At JP¥860, Is It Time To Put Nireco Corporation (TYO:6863) On Your Watch List?

Feb 02

Here's Why Nireco (TYO:6863) Can Manage Its Debt Responsibly

Jan 15

Should You Rely On Nireco's (TYO:6863) Earnings Growth?

Dec 31

Can Nireco (TYO:6863) Continue To Grow Its Returns On Capital?

Dec 16

What To Know Before Buying Nireco Corporation (TYO:6863) For Its Dividend

Dec 01

Financial Position Analysis

Short Term Liabilities: 6863's short term assets (¥11.6B) exceed its short term liabilities (¥1.6B).

Long Term Liabilities: 6863's short term assets (¥11.6B) exceed its long term liabilities (¥639.0M).

Debt to Equity History and Analysis

Debt Level: 6863 has more cash than its total debt.

Reducing Debt: 6863's debt to equity ratio has increased from 0.4% to 1% over the past 5 years.

Debt Coverage: 6863's debt is well covered by operating cash flow (478.6%).

Interest Coverage: 6863 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Nireco Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Is Nireco (TYO:6863) A Risky Investment?

Here's Why Nireco (TYO:6863) Can Manage Its Debt Responsibly

Recent updates

Nireco Corporation to Report Fiscal Year 2024 Results on May 14, 2024

Upcoming dividend of JP¥39.00 per share

Investor sentiment improves as stock rises 20%

New minor risk - Share price stability

Nireco Corporation (TSE:6863) Soars 25% But It's A Story Of Risk Vs Reward

Now 31% overvalued after recent price rise

Nireco Corporation to Report Q3, 2024 Results on Feb 13, 2024

Second quarter 2024 earnings released: EPS: JP¥33.67 (vs JP¥29.20 in 2Q 2023)

Upcoming dividend of JP¥20.00 per share at 3.8% yield

Nireco Corporation to Report Q2, 2024 Results on Nov 10, 2023

First quarter 2024 earnings released: EPS: JP¥16.65 (vs JP¥7.37 in 1Q 2023)

Nireco Corporation to Report Q1, 2024 Results on Aug 09, 2023

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of JP¥22.00 per share at 3.9% yield

Third quarter 2023 earnings released: EPS: JP¥31.51 (vs JP¥14.19 in 3Q 2022)

Nireco Corporation to Report Q3, 2023 Results on Feb 13, 2023

Second quarter 2023 earnings released: EPS: JP¥29.19 (vs JP¥26.47 in 2Q 2022)

Insufficient new directors

Nireco Corporation to Report Q2, 2023 Results on Nov 14, 2022

Upcoming dividend of JP¥18.00 per share

Nireco Announces New Electrode Sheet Inspection System Mujiken-RB

First quarter 2023 earnings released: EPS: JP¥7.37 (vs JP¥1.64 loss in 1Q 2022)

Insufficient new directors

Insufficient new directors

Nireco Corporation to Report Q1, 2023 Results on Aug 08, 2022

Nireco Corporation, Annual General Meeting, Jun 24, 2022

Less than half of directors are independent

Nireco Corporation to Report Fiscal Year 2022 Results on May 13, 2022

Upcoming dividend of JP¥23.00 per share

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Second quarter 2022 earnings released: EPS JP¥26.47 (vs JP¥21.42 in 2Q 2021)

Upcoming dividend of JP¥10.00 per share

First quarter 2022 earnings released: JP¥1.64 loss per share (vs JP¥7.53 profit in 1Q 2021)

Full year 2021 earnings released: EPS JP¥58.99 (vs JP¥107 in FY 2020)

Nireco Corporation (JASDAQ:6863) agreed to acquire Seibu Electric Corporation.

Full year 2021 earnings released: EPS JP¥58.99 (vs JP¥107 in FY 2020)

Investor sentiment deteriorated over the past week

Is Nireco (TYO:6863) A Risky Investment?

The Return Trends At Nireco (TYO:6863) Look Promising

Upcoming dividend of JP¥14.00 per share

Nireco Corporation (TYO:6863) Vies For A Place In Your Dividend Portfolio: Here's Why

Investor sentiment improved over the past week

New 90-day high: JP¥1,013

Shareholders Of Nireco (TYO:6863) Must Be Happy With Their 94% Return

Third quarter 2021 earnings released: EPS JP¥6.68 (vs JP¥20.67 in 3Q 2020)

New 90-day high: JP¥916

At JP¥860, Is It Time To Put Nireco Corporation (TYO:6863) On Your Watch List?

Here's Why Nireco (TYO:6863) Can Manage Its Debt Responsibly

Nireco Corporation to Report Q3, 2021 Results on Feb 08, 2021

Should You Rely On Nireco's (TYO:6863) Earnings Growth?

Can Nireco (TYO:6863) Continue To Grow Its Returns On Capital?

New 90-day high: JP¥862

What To Know Before Buying Nireco Corporation (TYO:6863) For Its Dividend

Earnings beat expectations, revenue disappoints

Second quarter 2021 earnings released: EPS JP¥21.42

Nireco Corporation to Report Q2, 2021 Results on Nov 09, 2020

New 90-day high: JP¥817

Upcoming Dividend of JP¥10.00 Per Share

Earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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