Nittetsu Mining Balance Sheet Health
Financial Health criteria checks 6/6
Nittetsu Mining has a total shareholder equity of ¥155.5B and total debt of ¥19.1B, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are ¥249.5B and ¥94.0B respectively. Nittetsu Mining's EBIT is ¥13.0B making its interest coverage ratio -10.9. It has cash and short-term investments of ¥40.0B.
Key information
12.3%
Debt to equity ratio
JP¥19.14b
Debt
| Interest coverage ratio | -10.9x |
| Cash | JP¥39.97b |
| Equity | JP¥155.51b |
| Total liabilities | JP¥93.99b |
| Total assets | JP¥249.50b |
Recent financial health updates
No updates
Recent updates
Nittetsu Mining (TSE:1515) Will Pay A Smaller Dividend Than Last Year
Aug 21
Not Many Are Piling Into Nittetsu Mining Co., Ltd. (TSE:1515) Stock Yet As It Plummets 28%
Aug 06Nittetsu Mining's (TSE:1515) Dividend Will Be Reduced To ¥80.00
Jul 25Nittetsu Mining (TSE:1515) Is Reducing Its Dividend To ¥80.00
Jul 11Investors Aren't Entirely Convinced By Nittetsu Mining Co., Ltd.'s (TSE:1515) Earnings
May 22Nittetsu Mining (TSE:1515) Is Due To Pay A Dividend Of ¥85.00
Mar 12Nittetsu Mining (TSE:1515) Is Due To Pay A Dividend Of ¥85.00
Feb 27Financial Position Analysis
Short Term Liabilities: 1515's short term assets (¥123.0B) exceed its short term liabilities (¥69.3B).
Long Term Liabilities: 1515's short term assets (¥123.0B) exceed its long term liabilities (¥24.7B).
Debt to Equity History and Analysis
Debt Level: 1515 has more cash than its total debt.
Reducing Debt: 1515's debt to equity ratio has reduced from 18.8% to 12.3% over the past 5 years.
Debt Coverage: 1515's debt is well covered by operating cash flow (46.8%).
Interest Coverage: 1515 earns more interest than it pays, so coverage of interest payments is not a concern.