Nikon Balance Sheet Health
Financial Health criteria checks 4/6
Nikon has a total shareholder equity of ¥685.1B and total debt of ¥166.7B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are ¥1,147.1B and ¥462.0B respectively. Nikon's EBIT is ¥42.1B making its interest coverage ratio -17.4. It has cash and short-term investments of ¥222.6B.
Key information
24.3%
Debt to equity ratio
JP¥166.71b
Debt
Interest coverage ratio | -17.4x |
Cash | JP¥222.55b |
Equity | JP¥685.09b |
Total liabilities | JP¥462.02b |
Total assets | JP¥1.15t |
Recent financial health updates
Recent updates
Returns 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 (¥667.3B) exceed its short term liabilities (¥330.4B).
Long Term Liabilities: 7731's short term assets (¥667.3B) exceed its long term liabilities (¥131.6B).
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 24.3% over the past 5 years.
Debt Coverage: 7731's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: 7731 earns more interest than it pays, so coverage of interest payments is not a concern.