Nikon Balance Sheet Health
Financial Health criteria checks 5/6
Nikon has a total shareholder equity of ¥665.7B and total debt of ¥159.3B, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are ¥1,134.5B and ¥468.9B respectively. Nikon's EBIT is ¥34.3B making its interest coverage ratio 45. It has cash and short-term investments of ¥191.8B.
Key information
23.9%
Debt to equity ratio
JP¥159.26b
Debt
| Interest coverage ratio | 45x |
| Cash | JP¥191.78b |
| Equity | JP¥665.67b |
| Total liabilities | JP¥468.86b |
| Total assets | JP¥1.13t |
Recent financial health updates
Does Nikon (TSE:7731) Have A Healthy Balance Sheet?
Sep 30
These 4 Measures Indicate That Nikon (TSE:7731) Is Using Debt Extensively
Feb 28Recent updates
Nikon Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 09Nikon (TSE:7731) Is Finding It Tricky To Allocate Its Capital
Nov 04Nikon Corporation's (TSE:7731) P/E Is Still On The Mark Following 26% Share Price Bounce
Oct 17Does Nikon (TSE:7731) Have A Healthy Balance Sheet?
Sep 30Nikon (TSE:7731) Has Affirmed Its Dividend Of ¥25.00
Sep 10Nikon Corporation's (TSE:7731) P/E Still Appears To Be Reasonable
Aug 30Nikon Corporation Just Missed EPS By 51%: Here's What Analysts Think Will Happen Next
Aug 12Nikon (TSE:7731) Has Announced A Dividend Of ¥25.00
Aug 08Nikon's (TSE:7731) Dividend Will Be ¥25.00
Jul 25Nikon (TSE:7731) Has Announced A Dividend Of ¥25.00
Jul 11Returns On Capital At Nikon (TSE:7731) Paint A Concerning Picture
Jun 04Earnings Beat: Nikon Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 12Nikon Corporation (TSE:7731) Not Lagging Market On Growth Or Pricing
Mar 29Nikon (TSE:7731) Has Affirmed Its Dividend Of ¥25.00
Mar 07These 4 Measures Indicate That Nikon (TSE:7731) Is Using Debt Extensively
Feb 28Financial Position Analysis
Short Term Liabilities: 7731's short term assets (¥644.3B) exceed its short term liabilities (¥342.9B).
Long Term Liabilities: 7731's short term assets (¥644.3B) exceed its long term liabilities (¥126.0B).
Debt to Equity History and Analysis
Debt Level: 7731 has more cash than its total debt.
Reducing Debt: 7731's debt to equity ratio has increased from 20.5% to 23.9% over the past 5 years.
Debt Coverage: 7731's debt is well covered by operating cash flow (48.9%).
Interest Coverage: 7731's interest payments on its debt are well covered by EBIT (45x coverage).