Nissan Chemical Balance Sheet Health
Financial Health criteria checks 5/6
Nissan Chemical has a total shareholder equity of ¥231.6B and total debt of ¥28.4B, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are ¥311.4B and ¥79.8B respectively. Nissan Chemical's EBIT is ¥52.5B making its interest coverage ratio -43.5. It has cash and short-term investments of ¥30.4B.
Key information
12.2%
Debt to equity ratio
JP¥28.37b
Debt
| Interest coverage ratio | -43.5x |
| Cash | JP¥30.45b |
| Equity | JP¥231.60b |
| Total liabilities | JP¥79.79b |
| Total assets | JP¥311.39b |
Recent financial health updates
Recent updates
Nissan Chemical (TSE:4021) Will Pay A Dividend Of ¥94.00
Dec 10
What Nissan Chemical Corporation's (TSE:4021) P/E Is Not Telling You
Nov 30Nissan Chemical Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 15Capital Investment Trends At Nissan Chemical (TSE:4021) Look Strong
Nov 04Nissan Chemical (TSE:4021) Will Pay A Dividend Of ¥70.00
Aug 30We Think Nissan Chemical (TSE:4021) Can Stay On Top Of Its Debt
Aug 27Nissan Chemical's (TSE:4021) Dividend Will Be ¥70.00
Aug 09Nissan Chemical (TSE:4021) Will Pay A Dividend Of ¥70.00
Jul 26Many Would Be Envious Of Nissan Chemical's (TSE:4021) Excellent Returns On Capital
Jul 11Nissan Chemical (TSE:4021) Has Announced A Dividend Of ¥70.00
Jul 11Financial Position Analysis
Short Term Liabilities: 4021's short term assets (¥190.2B) exceed its short term liabilities (¥64.0B).
Long Term Liabilities: 4021's short term assets (¥190.2B) exceed its long term liabilities (¥15.8B).
Debt to Equity History and Analysis
Debt Level: 4021 has more cash than its total debt.
Reducing Debt: 4021's debt to equity ratio has increased from 3.4% to 12.2% over the past 5 years.
Debt Coverage: 4021's debt is well covered by operating cash flow (154.5%).
Interest Coverage: 4021 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 17:59 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Nissan Chemical Corporation is covered by 22 analysts. 9 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 |
|---|---|
| Takashi Enomoto | BofA Global Research |
| Yuta Nishiyama | Citigroup Inc |
| Hisaaki Yokoo | Goldman Sachs |