Nippon Shikizai Balance Sheet Health
Financial Health criteria checks 3/6
Nippon Shikizai has a total shareholder equity of ¥4.0B and total debt of ¥9.7B, which brings its debt-to-equity ratio to 244.9%. Its total assets and total liabilities are ¥18.1B and ¥14.1B respectively. Nippon Shikizai's EBIT is ¥645.0M making its interest coverage ratio 4.8. It has cash and short-term investments of ¥927.0M.
Key information
244.9%
Debt to equity ratio
JP¥9.68b
Debt
| Interest coverage ratio | 4.8x |
| Cash | JP¥927.00m |
| Equity | JP¥3.95b |
| Total liabilities | JP¥14.15b |
| Total assets | JP¥18.10b |
Recent financial health updates
Recent updates
The Market Doesn't Like What It Sees From Nippon Shikizai, Inc.'s (TSE:4920) Earnings Yet As Shares Tumble 26%
Nov 07
We Think Nippon Shikizai's (TSE:4920) Healthy Earnings Might Be Conservative
Oct 22There Are Reasons To Feel Uneasy About Nippon Shikizai's (TSE:4920) Returns On Capital
Oct 08Nippon Shikizai, Inc. (TSE:4920) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Sep 04These 4 Measures Indicate That Nippon Shikizai (TSE:4920) Is Using Debt Extensively
Aug 15Nippon Shikizai, Inc. (TSE:4920) Looks Inexpensive But Perhaps Not Attractive Enough
Jul 12Nippon Shikizai's (TSE:4920) Strong Earnings Are Of Good Quality
Apr 18How Does Nippon Shikizai, Inc. (TYO:4920) Fare As A Dividend Stock?
Jan 31
Financial Position Analysis
Short Term Liabilities: 4920's short term assets (¥7.8B) exceed its short term liabilities (¥7.0B).
Long Term Liabilities: 4920's short term assets (¥7.8B) exceed its long term liabilities (¥7.2B).
Debt to Equity History and Analysis
Debt Level: 4920's net debt to equity ratio (221.5%) is considered high.
Reducing Debt: 4920's debt to equity ratio has increased from 154.7% to 244.9% over the past 5 years.
Debt Coverage: 4920's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: 4920's interest payments on its debt are well covered by EBIT (4.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 10:56 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/02/29 |
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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nippon Shikizai, Inc. 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 |
|---|---|
| null null | Company Forecast |