Nippon Beet Sugar ManufacturingLtd Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Beet Sugar ManufacturingLtd has a total shareholder equity of ¥76.7B and total debt of ¥74.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ¥99.7B and ¥22.9B respectively. Nippon Beet Sugar ManufacturingLtd's EBIT is ¥186.0M making its interest coverage ratio -0.3. It has cash and short-term investments of ¥16.6B.
Key information
0.1%
Debt to equity ratio
JP¥74.00m
Debt
| Interest coverage ratio | -0.3x |
| Cash | JP¥16.65b |
| Equity | JP¥76.74b |
| Total liabilities | JP¥22.93b |
| Total assets | JP¥99.67b |
Recent financial health updates
No updates
Recent updates
Nippon Beet Sugar ManufacturingLtd's (TSE:2108) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 21
Optimistic Investors Push Nippon Beet Sugar Manufacturing Co.,Ltd. (TSE:2108) Shares Up 30% But Growth Is Lacking
Jul 02Nippon Beet Sugar ManufacturingLtd's (TSE:2108) Promising Earnings May Rest On Soft Foundations
May 22Financial Position Analysis
Short Term Liabilities: 2108's short term assets (¥49.0B) exceed its short term liabilities (¥12.5B).
Long Term Liabilities: 2108's short term assets (¥49.0B) exceed its long term liabilities (¥10.4B).
Debt to Equity History and Analysis
Debt Level: 2108 has more cash than its total debt.
Reducing Debt: 2108's debt to equity ratio has reduced from 3.5% to 0.1% over the past 5 years.
Debt Coverage: 2108's debt is well covered by operating cash flow (9075.7%).
Interest Coverage: 2108 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 23:19 |
| End of Day Share Price | 2024/12/23 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
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Analyst Sources
Nippon Beet Sugar Manufacturing Co.,Ltd. is covered by 1 analysts. 0 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 |
|---|---|
| Satish Vadlamani | Virtua Research Inc. |