Nipro Balance Sheet Health
Financial Health criteria checks 4/6
Nipro has a total shareholder equity of ¥269.8B and total debt of ¥605.6B, which brings its debt-to-equity ratio to 224.5%. Its total assets and total liabilities are ¥1,109.8B and ¥840.0B respectively. Nipro's EBIT is ¥22.3B making its interest coverage ratio 5.4. It has cash and short-term investments of ¥99.7B.
Key information
224.5%
Debt to equity ratio
JP¥605.63b
Debt
Interest coverage ratio | 5.4x |
Cash | JP¥99.67b |
Equity | JP¥269.79b |
Total liabilities | JP¥840.03b |
Total assets | JP¥1.11t |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8086's short term assets (¥524.2B) exceed its short term liabilities (¥366.5B).
Long Term Liabilities: 8086's short term assets (¥524.2B) exceed its long term liabilities (¥473.6B).
Debt to Equity History and Analysis
Debt Level: 8086's net debt to equity ratio (187.5%) is considered high.
Reducing Debt: 8086's debt to equity ratio has reduced from 312.1% to 224.5% over the past 5 years.
Debt Coverage: 8086's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: 8086's interest payments on its debt are well covered by EBIT (5.4x coverage).