Nissui Balance Sheet Health
Financial Health criteria checks 4/6
Nissui has a total shareholder equity of ¥255.1B and total debt of ¥219.0B, which brings its debt-to-equity ratio to 85.8%. Its total assets and total liabilities are ¥613.3B and ¥358.2B respectively. Nissui's EBIT is ¥27.5B making its interest coverage ratio 16.8. It has cash and short-term investments of ¥10.3B.
Key information
85.8%
Debt to equity ratio
JP¥218.99b
Debt
| Interest coverage ratio | 16.8x |
| Cash | JP¥10.29b |
| Equity | JP¥255.11b |
| Total liabilities | JP¥358.17b |
| Total assets | JP¥613.28b |
Recent financial health updates
Recent updates
Is There An Opportunity With Nissui Corporation's (TSE:1332) 38% Undervaluation?
Apr 08
Nissui Corporation (TSE:1332) Investors Are Less Pessimistic Than Expected
Mar 19Nissui's (TSE:1332) Upcoming Dividend Will Be Larger Than Last Year's
Mar 02We Think Nissui (TSE:1332) Is Taking Some Risk With Its Debt
Feb 28Financial Position Analysis
Short Term Liabilities: 1332's short term assets (¥343.1B) exceed its short term liabilities (¥213.1B).
Long Term Liabilities: 1332's short term assets (¥343.1B) exceed its long term liabilities (¥145.0B).
Debt to Equity History and Analysis
Debt Level: 1332's net debt to equity ratio (81.8%) is considered high.
Reducing Debt: 1332's debt to equity ratio has reduced from 126.6% to 85.8% over the past 5 years.
Debt Coverage: 1332's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: 1332's interest payments on its debt are well covered by EBIT (16.8x coverage).