Nisshin Seifun Group Balance Sheet Health
Financial Health criteria checks 6/6
Nisshin Seifun Group has a total shareholder equity of ¥511.3B and total debt of ¥37.6B, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are ¥784.2B and ¥272.9B respectively. Nisshin Seifun Group's EBIT is ¥48.3B making its interest coverage ratio 451.3. It has cash and short-term investments of ¥105.3B.
Key information
7.4%
Debt to equity ratio
JP¥37.61b
Debt
| Interest coverage ratio | 451.3x |
| Cash | JP¥105.32b |
| Equity | JP¥511.28b |
| Total liabilities | JP¥272.94b |
| Total assets | JP¥784.22b |
Recent financial health updates
Does Nisshin Seifun Group (TSE:2002) Have A Healthy Balance Sheet?
Oct 30
We Think Nisshin Seifun Group (TSE:2002) Can Manage Its Debt With Ease
Jun 24Recent updates
Nisshin Seifun Group's (TSE:2002) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 08Nisshin Seifun Group's (TSE:2002) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 06Does Nisshin Seifun Group (TSE:2002) Have A Healthy Balance Sheet?
Oct 30Getting In Cheap On Nisshin Seifun Group Inc. (TSE:2002) Is Unlikely
Oct 14Are Investors Undervaluing Nisshin Seifun Group Inc. (TSE:2002) By 28%?
Sep 10Returns Are Gaining Momentum At Nisshin Seifun Group (TSE:2002)
Aug 21Results: Nisshin Seifun Group Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Aug 02We Think Nisshin Seifun Group (TSE:2002) Can Manage Its Debt With Ease
Jun 24Subdued Growth No Barrier To Nisshin Seifun Group Inc.'s (TSE:2002) Price
Jun 06Investors Will Want Nisshin Seifun Group's (TSE:2002) Growth In ROCE To Persist
May 13Financial Position Analysis
Short Term Liabilities: 2002's short term assets (¥339.1B) exceed its short term liabilities (¥131.7B).
Long Term Liabilities: 2002's short term assets (¥339.1B) exceed its long term liabilities (¥141.2B).
Debt to Equity History and Analysis
Debt Level: 2002 has more cash than its total debt.
Reducing Debt: 2002's debt to equity ratio has reduced from 13.9% to 7.4% over the past 5 years.
Debt Coverage: 2002's debt is well covered by operating cash flow (189.4%).
Interest Coverage: 2002's interest payments on its debt are well covered by EBIT (451.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 14:40 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
Nisshin Seifun Group Inc. is covered by 14 analysts. 4 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 |
|---|---|
| Shuhei Oba | Citigroup Inc |
| null null | Company Forecast |
| Yoshiyasu Okihira | Credit Suisse |