Nippon Paper Industries Balance Sheet Health
Financial Health criteria checks 2/6
Nippon Paper Industries has a total shareholder equity of ¥506.2B and total debt of ¥851.7B, which brings its debt-to-equity ratio to 168.3%. Its total assets and total liabilities are ¥1,724.8B and ¥1,218.6B respectively. Nippon Paper Industries's EBIT is ¥20.6B making its interest coverage ratio 2.7. It has cash and short-term investments of ¥138.5B.
Key information
168.3%
Debt to equity ratio
JP¥851.67b
Debt
| Interest coverage ratio | 2.7x |
| Cash | JP¥138.49b |
| Equity | JP¥506.18b |
| Total liabilities | JP¥1.22t |
| Total assets | JP¥1.72t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3863's short term assets (¥625.6B) exceed its short term liabilities (¥496.4B).
Long Term Liabilities: 3863's short term assets (¥625.6B) do not cover its long term liabilities (¥722.2B).
Debt to Equity History and Analysis
Debt Level: 3863's net debt to equity ratio (140.9%) is considered high.
Reducing Debt: 3863's debt to equity ratio has reduced from 173% to 168.3% over the past 5 years.
Debt Coverage: 3863's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: 3863's interest payments on its debt are not well covered by EBIT (2.7x coverage).