The Nisshin OilliO Group,Ltd.

TSE:2602 Stock Report

Market Cap: JP¥164.0b

Nisshin OilliO GroupLtd Balance Sheet Health

Financial Health criteria checks 3/6

Nisshin OilliO GroupLtd has a total shareholder equity of ¥194.0B and total debt of ¥96.9B, which brings its debt-to-equity ratio to 49.9%. Its total assets and total liabilities are ¥387.9B and ¥193.9B respectively. Nisshin OilliO GroupLtd's EBIT is ¥19.6B making its interest coverage ratio 37.7. It has cash and short-term investments of ¥18.1B.

Key information

49.9%

Debt to equity ratio

JP¥96.90b

Debt

Interest coverage ratio37.7x
CashJP¥18.12b
EquityJP¥194.01b
Total liabilitiesJP¥193.91b
Total assetsJP¥387.92b

Recent financial health updates

No updates

Recent updates

Nisshin OilliO GroupLtd (TSE:2602) Will Pay A Dividend Of ¥90.00

Sep 27
Nisshin OilliO GroupLtd (TSE:2602) Will Pay A Dividend Of ¥90.00

Nisshin OilliO GroupLtd (TSE:2602) Is Due To Pay A Dividend Of ¥90.00

Aug 27
Nisshin OilliO GroupLtd (TSE:2602) Is Due To Pay A Dividend Of ¥90.00

Nisshin OilliO GroupLtd's (TSE:2602) Profits Appear To Have Quality Issues

Aug 16
Nisshin OilliO GroupLtd's (TSE:2602) Profits Appear To Have Quality Issues

Nisshin OilliO GroupLtd (TSE:2602) Has Announced A Dividend Of ¥90.00

Aug 13
Nisshin OilliO GroupLtd (TSE:2602) Has Announced A Dividend Of ¥90.00

Returns On Capital At Nisshin OilliO GroupLtd (TSE:2602) Have Stalled

Aug 02
Returns On Capital At Nisshin OilliO GroupLtd (TSE:2602) Have Stalled

The Nisshin OilliO Group,Ltd.'s (TSE:2602) Intrinsic Value Is Potentially 55% Above Its Share Price

Jul 18
The Nisshin OilliO Group,Ltd.'s (TSE:2602) Intrinsic Value Is Potentially 55% Above Its Share Price

Nisshin OilliO GroupLtd (TSE:2602) Has Announced That It Will Be Increasing Its Dividend To ¥90.00

Mar 22
Nisshin OilliO GroupLtd (TSE:2602) Has Announced That It Will Be Increasing Its Dividend To ¥90.00

An Intrinsic Calculation For The Nisshin OilliO Group,Ltd. (TSE:2602) Suggests It's 44% Undervalued

Mar 14
An Intrinsic Calculation For The Nisshin OilliO Group,Ltd. (TSE:2602) Suggests It's 44% Undervalued

Nisshin OilliO GroupLtd (TSE:2602) Is Increasing Its Dividend To ¥90.00

Feb 27
Nisshin OilliO GroupLtd (TSE:2602) Is Increasing Its Dividend To ¥90.00

Financial Position Analysis

Short Term Liabilities: 2602's short term assets (¥228.2B) exceed its short term liabilities (¥106.5B).

Long Term Liabilities: 2602's short term assets (¥228.2B) exceed its long term liabilities (¥87.5B).


Debt to Equity History and Analysis

Debt Level: 2602's net debt to equity ratio (40.6%) is considered high.

Reducing Debt: 2602's debt to equity ratio has increased from 29.9% to 49.9% over the past 5 years.

Debt Coverage: 2602's debt is not well covered by operating cash flow (18%).

Interest Coverage: 2602's interest payments on its debt are well covered by EBIT (37.7x coverage).


Balance Sheet


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