Nipro Balance Sheet Health
Financial Health criteria checks 4/6
Nipro has a total shareholder equity of ¥298.1B and total debt of ¥639.1B, which brings its debt-to-equity ratio to 214.4%. Its total assets and total liabilities are ¥1,173.6B and ¥875.4B respectively. Nipro's EBIT is ¥22.3B making its interest coverage ratio 4.7. It has cash and short-term investments of ¥92.6B.
Key information
214.4%
Debt to equity ratio
JP¥639.10b
Debt
| Interest coverage ratio | 4.7x |
| Cash | JP¥92.58b |
| Equity | JP¥298.14b |
| Total liabilities | JP¥875.42b |
| Total assets | JP¥1.17t |
Recent financial health updates
These 4 Measures Indicate That Nipro (TSE:8086) Is Using Debt In A Risky Way
Sep 28
Nipro (TSE:8086) Has A Somewhat Strained Balance Sheet
Jun 06Recent updates
Some May Be Optimistic About Nipro's (TSE:8086) Earnings
Nov 15Market Participants Recognise Nipro Corporation's (TSE:8086) Earnings
Oct 16These 4 Measures Indicate That Nipro (TSE:8086) Is Using Debt In A Risky Way
Sep 28Nipro's (TSE:8086) Dividend Will Be ¥12.00
Aug 30Nipro (TSE:8086) Has Announced A Dividend Of ¥12.00
Jul 25Nipro (TSE:8086) Will Pay A Dividend Of ¥12.00
Jul 11Nipro (TSE:8086) Has A Somewhat Strained Balance Sheet
Jun 06Earnings Tell The Story For Nipro Corporation (TSE:8086)
Apr 02Nipro (TSE:8086) Will Pay A Larger Dividend Than Last Year At ¥15.00
Feb 27Financial Position Analysis
Short Term Liabilities: 8086's short term assets (¥564.7B) exceed its short term liabilities (¥396.6B).
Long Term Liabilities: 8086's short term assets (¥564.7B) exceed its long term liabilities (¥478.8B).
Debt to Equity History and Analysis
Debt Level: 8086's net debt to equity ratio (183.3%) is considered high.
Reducing Debt: 8086's debt to equity ratio has reduced from 319.4% to 214.4% over the past 5 years.
Debt Coverage: 8086's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: 8086's interest payments on its debt are well covered by EBIT (4.7x coverage).