Nichirei Balance Sheet Health
Financial Health criteria checks 6/6
Nichirei has a total shareholder equity of ¥277.9B and total debt of ¥89.0B, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are ¥497.6B and ¥219.7B respectively. Nichirei's EBIT is ¥39.2B making its interest coverage ratio -65.2. It has cash and short-term investments of ¥32.7B.
Key information
32.0%
Debt to equity ratio
JP¥88.97b
Debt
| Interest coverage ratio | -65.2x |
| Cash | JP¥32.68b |
| Equity | JP¥277.95b |
| Total liabilities | JP¥219.65b |
| Total assets | JP¥497.60b |
Recent financial health updates
We Think Nichirei (TSE:2871) Can Stay On Top Of Its Debt
Oct 08
Here's Why Nichirei (TSE:2871) Can Manage Its Debt Responsibly
Mar 13Recent updates
Nichirei Corporation (TSE:2871) Shares Could Be 27% Below Their Intrinsic Value Estimate
Dec 12Return Trends At Nichirei (TSE:2871) Aren't Appealing
Nov 24We Think Nichirei (TSE:2871) Can Stay On Top Of Its Debt
Oct 08Some Shareholders Feeling Restless Over Nichirei Corporation's (TSE:2871) P/E Ratio
Sep 10Is There An Opportunity With Nichirei Corporation's (TSE:2871) 26% Undervaluation?
Aug 24Subdued Growth No Barrier To Nichirei Corporation's (TSE:2871) Price
Jun 06Nichirei (TSE:2871) Hasn't Managed To Accelerate Its Returns
May 13Here's Why Nichirei (TSE:2871) Can Manage Its Debt Responsibly
Mar 13Financial Position Analysis
Short Term Liabilities: 2871's short term assets (¥207.9B) exceed its short term liabilities (¥118.6B).
Long Term Liabilities: 2871's short term assets (¥207.9B) exceed its long term liabilities (¥101.1B).
Debt to Equity History and Analysis
Debt Level: 2871's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: 2871's debt to equity ratio has reduced from 47.9% to 32% over the past 5 years.
Debt Coverage: 2871's debt is well covered by operating cash flow (67.3%).
Interest Coverage: 2871 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 | 2024/12/22 04:41 |
| End of Day Share Price | 2024/12/20 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Nichirei Corporation is covered by 15 analysts. 6 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 |
|---|---|
| null null | Company Forecast |
| Yoshiyasu Okihira | Credit Suisse |
| Makoto Morita | Daiwa Securities Co. Ltd. |