Nisshin Seifun Group Balance Sheet Health
Financial Health criteria checks 6/6
Nisshin Seifun Group has a total shareholder equity of ¥525.9B and total debt of ¥43.2B, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are ¥828.5B and ¥302.6B respectively. Nisshin Seifun Group's EBIT is ¥49.2B making its interest coverage ratio 194.3. It has cash and short-term investments of ¥106.6B.
Key information
8.2%
Debt to equity ratio
JP¥43.17b
Debt
| Interest coverage ratio | 194.3x |
| Cash | JP¥106.61b |
| Equity | JP¥525.86b |
| Total liabilities | JP¥302.65b |
| Total assets | JP¥828.51b |
Recent financial health updates
Recent updates
Getting In Cheap On Nisshin Seifun Group Inc. (TSE:2002) Is Unlikely
Oct 14
Are 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 (¥364.8B) exceed its short term liabilities (¥154.5B).
Long Term Liabilities: 2002's short term assets (¥364.8B) exceed its long term liabilities (¥148.1B).
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 13.7% to 8.2% over the past 5 years.
Debt Coverage: 2002's debt is well covered by operating cash flow (169.6%).
Interest Coverage: 2002's interest payments on its debt are well covered by EBIT (194.3x coverage).