NippiIncorporated Balance Sheet Health
Financial Health criteria checks 5/6
NippiIncorporated has a total shareholder equity of ¥37.1B and total debt of ¥14.0B, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are ¥71.0B and ¥33.9B respectively. NippiIncorporated's EBIT is ¥2.9B making its interest coverage ratio 167.8. It has cash and short-term investments of ¥7.3B.
Key information
37.6%
Debt to equity ratio
JP¥13.96b
Debt
| Interest coverage ratio | 167.8x |
| Cash | JP¥7.25b |
| Equity | JP¥37.11b |
| Total liabilities | JP¥33.86b |
| Total assets | JP¥70.97b |
Recent financial health updates
Recent updates
Here's What We Make Of NippiIncorporated's (TYO:7932) Returns On Capital
Mar 09
Why Nippi,Incorporated (TYO:7932) Is A Dividend Rockstar
Feb 17Nippi,Incorporated (TYO:7932) Doing What It Can To Lift Shares
Jan 27NippiIncorporated (TYO:7932) Has A Somewhat Strained Balance Sheet
Jan 07NippiIncorporated (TYO:7932) Share Prices Have Dropped 16% In The Last Three Years
Dec 23
NippiIncorporated's (TYO:7932) Earnings Are Growing But Is There More To The Story?
Dec 09Financial Position Analysis
Short Term Liabilities: 7932's short term assets (¥28.4B) exceed its short term liabilities (¥17.3B).
Long Term Liabilities: 7932's short term assets (¥28.4B) exceed its long term liabilities (¥16.6B).
Debt to Equity History and Analysis
Debt Level: 7932's net debt to equity ratio (18.1%) is considered satisfactory.
Reducing Debt: 7932's debt to equity ratio has reduced from 74.7% to 37.6% over the past 5 years.
Debt Coverage: 7932's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: 7932's interest payments on its debt are well covered by EBIT (167.8x coverage).