NKK Switches Co., Ltd.

TSE:6943 Stock Report

Market Cap: JP¥3.6b

NKK Switches Balance Sheet Health

Financial Health criteria checks 6/6

NKK Switches has a total shareholder equity of ¥13.5B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥15.7B and ¥2.2B respectively. NKK Switches's EBIT is ¥165.0M making its interest coverage ratio -4.6. It has cash and short-term investments of ¥5.2B.

Key information

0%

Debt to equity ratio

JP¥0

Debt

Interest coverage ratio-4.6x
CashJP¥5.20b
EquityJP¥13.55b
Total liabilitiesJP¥2.19b
Total assetsJP¥15.74b

Recent financial health updates

No updates

Recent updates

Not Many Are Piling Into NKK Switches Co., Ltd. (TSE:6943) Just Yet

Aug 08
Not Many Are Piling Into NKK Switches Co., Ltd. (TSE:6943) Just Yet

Why NKK Switches' (TSE:6943) Shaky Earnings Are Just The Beginning Of Its Problems

May 21
Why NKK Switches' (TSE:6943) Shaky Earnings Are Just The Beginning Of Its Problems

Tread With Caution Around NKK Switches Co., Ltd.'s (TYO:6943) 2.1% Dividend Yield

Jan 07
Tread With Caution Around NKK Switches Co., Ltd.'s (TYO:6943) 2.1% Dividend Yield

Financial Position Analysis

Short Term Liabilities: 6943's short term assets (¥10.2B) exceed its short term liabilities (¥1.4B).

Long Term Liabilities: 6943's short term assets (¥10.2B) exceed its long term liabilities (¥772.0M).

Debt to Equity History and Analysis

Debt Level: 6943 is debt free.

Reducing Debt: 6943 has not had any debt for past 5 years.

Debt Coverage: 6943 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6943 has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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