NKK Switches Balance Sheet Health

Financial Health criteria checks 6/6

NKK Switches has a total shareholder equity of ¥13.0B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥15.0B and ¥2.0B respectively. NKK Switches's EBIT is ¥9.0M making its interest coverage ratio -0.3. It has cash and short-term investments of ¥5.3B.

Key information

0%

Debt to equity ratio

JP¥0

Debt

Interest coverage ratio-0.3x
CashJP¥5.31b
EquityJP¥12.97b
Total liabilitiesJP¥1.99b
Total assetsJP¥14.96b

Recent financial health updates

No updates

Recent updates

Earnings Troubles May Signal Larger Issues for NKK Switches (TSE:6943) Shareholders

Nov 21
Earnings Troubles May Signal Larger Issues for NKK Switches (TSE:6943) Shareholders

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 (¥9.7B) exceed its short term liabilities (¥1.3B).

Long Term Liabilities: 6943's short term assets (¥9.7B) exceed its long term liabilities (¥710.0M).


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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 14:00
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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Analyst Sources

NKK Switches Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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