NICHIDEN Balance Sheet Health
Financial Health criteria checks 6/6
NICHIDEN has a total shareholder equity of ¥86.1B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥122.3B and ¥36.2B respectively. NICHIDEN's EBIT is ¥5.9B making its interest coverage ratio -66.7. It has cash and short-term investments of ¥25.6B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -66.7x |
Cash | JP¥25.64b |
Equity | JP¥86.11b |
Total liabilities | JP¥36.18b |
Total assets | JP¥122.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9902's short term assets (¥83.2B) exceed its short term liabilities (¥28.1B).
Long Term Liabilities: 9902's short term assets (¥83.2B) exceed its long term liabilities (¥8.0B).
Debt to Equity History and Analysis
Debt Level: 9902 is debt free.
Reducing Debt: 9902 had no debt 5 years ago.
Debt Coverage: 9902 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9902 has no debt, therefore coverage of interest payments is not a concern.