Nippon Ski Resort DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Ski Resort DevelopmentLtd has a total shareholder equity of ¥6.8B and total debt of ¥3.0B, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are ¥11.1B and ¥4.3B respectively. Nippon Ski Resort DevelopmentLtd's EBIT is ¥1.5B making its interest coverage ratio 57.1. It has cash and short-term investments of ¥2.6B.
Key information
43.8%
Debt to equity ratio
JP¥3.00b
Debt
| Interest coverage ratio | 57.1x |
| Cash | JP¥2.57b |
| Equity | JP¥6.83b |
| Total liabilities | JP¥4.26b |
| Total assets | JP¥11.09b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6040's short term assets (¥3.6B) exceed its short term liabilities (¥1.8B).
Long Term Liabilities: 6040's short term assets (¥3.6B) exceed its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 6040's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: 6040's debt to equity ratio has increased from 7% to 43.8% over the past 5 years.
Debt Coverage: 6040's debt is well covered by operating cash flow (65.7%).
Interest Coverage: 6040's interest payments on its debt are well covered by EBIT (57.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 05:54 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/07/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nippon Ski Resort Development Co.,Ltd. is covered by 2 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.
| Analyst | Institution |
|---|---|
| Yoko Mizoguchi | Ichiyoshi Research Institute Inc. |
| Junko Yamamura | Nomura Securities Co. Ltd. |