Nippn Balance Sheet Health
Financial Health criteria checks 6/6
Nippn has a total shareholder equity of ¥243.8B and total debt of ¥59.3B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are ¥400.9B and ¥157.1B respectively. Nippn's EBIT is ¥19.8B making its interest coverage ratio -9.4. It has cash and short-term investments of ¥44.5B.
Key information
24.3%
Debt to equity ratio
JP¥59.34b
Debt
| Interest coverage ratio | -9.4x |
| Cash | JP¥44.47b |
| Equity | JP¥243.76b |
| Total liabilities | JP¥157.13b |
| Total assets | JP¥400.89b |
Recent financial health updates
No updates
Recent updates
We Think That There Are Issues Underlying Nippn's (TSE:2001) Earnings
Nov 20
Nippn (TSE:2001) Is Due To Pay A Dividend Of ¥33.00
Sep 22Nippn (TSE:2001) Is Due To Pay A Dividend Of ¥33.00
Sep 02Nippn (TSE:2001) Has Announced A Dividend Of ¥33.00
Jul 25Nippn (TSE:2001) Has Announced A Dividend Of ¥33.00
Jul 11Nippn's (TSE:2001) Earnings Are Weaker Than They Seem
May 22Nippn (TSE:2001) Is Experiencing Growth In Returns On Capital
Apr 12Nippn (TSE:2001) Will Pay A Dividend Of ¥28.00
Mar 18Nippn's (TSE:2001) Dividend Will Be ¥28.00
Mar 04Financial Position Analysis
Short Term Liabilities: 2001's short term assets (¥162.0B) exceed its short term liabilities (¥82.1B).
Long Term Liabilities: 2001's short term assets (¥162.0B) exceed its long term liabilities (¥75.1B).
Debt to Equity History and Analysis
Debt Level: 2001's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: 2001's debt to equity ratio has reduced from 39.8% to 24.3% over the past 5 years.
Debt Coverage: 2001's debt is well covered by operating cash flow (39.3%).
Interest Coverage: 2001 earns more interest than it pays, so coverage of interest payments is not a concern.