Nippn Balance Sheet Health
Financial Health criteria checks 6/6
Nippn has a total shareholder equity of ¥214.4B and total debt of ¥61.7B, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are ¥371.9B and ¥157.5B respectively. Nippn's EBIT is ¥20.7B making its interest coverage ratio -10.5. It has cash and short-term investments of ¥33.6B.
Key information
28.8%
Debt to equity ratio
JP¥61.67b
Debt
Interest coverage ratio | -10.5x |
Cash | JP¥33.56b |
Equity | JP¥214.42b |
Total liabilities | JP¥157.52b |
Total assets | JP¥371.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2001's short term assets (¥151.3B) exceed its short term liabilities (¥82.8B).
Long Term Liabilities: 2001's short term assets (¥151.3B) exceed its long term liabilities (¥74.7B).
Debt to Equity History and Analysis
Debt Level: 2001's net debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: 2001's debt to equity ratio has reduced from 41.3% to 28.8% over the past 5 years.
Debt Coverage: 2001's debt is well covered by operating cash flow (30.4%).
Interest Coverage: 2001 earns more interest than it pays, so coverage of interest payments is not a concern.