Nankai Chemical CompanyLimited Balance Sheet Health
Financial Health criteria checks 4/6
Nankai Chemical CompanyLimited has a total shareholder equity of ¥7.8B and total debt of ¥6.2B, which brings its debt-to-equity ratio to 79.7%. Its total assets and total liabilities are ¥20.9B and ¥13.0B respectively. Nankai Chemical CompanyLimited's EBIT is ¥1.3B making its interest coverage ratio 96.4. It has cash and short-term investments of ¥2.3B.
Key information
79.7%
Debt to equity ratio
JP¥6.24b
Debt
| Interest coverage ratio | 96.4x |
| Cash | JP¥2.28b |
| Equity | JP¥7.83b |
| Total liabilities | JP¥13.05b |
| Total assets | JP¥20.87b |
Recent financial health updates
Recent updates
It's Down 34% But Nankai Chemical Company,Limited (TSE:4040) Could Be Riskier Than It Looks
Aug 05
Is Nankai Chemical CompanyLimited (TSE:4040) A Risky Investment?
Aug 02Investors Will Want Nankai Chemical CompanyLimited's (TSE:4040) Growth In ROCE To Persist
Jun 27Take Care Before Jumping Onto Nankai Chemical Company,Limited (TSE:4040) Even Though It's 25% Cheaper
May 23Impressive Earnings May Not Tell The Whole Story For Nankai Chemical CompanyLimited (TSE:4040)
May 22Financial Position Analysis
Short Term Liabilities: 4040's short term assets (¥9.4B) exceed its short term liabilities (¥8.1B).
Long Term Liabilities: 4040's short term assets (¥9.4B) exceed its long term liabilities (¥4.9B).
Debt to Equity History and Analysis
Debt Level: 4040's net debt to equity ratio (50.7%) is considered high.
Reducing Debt: Insufficient data to determine if 4040's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4040's debt is well covered by operating cash flow (42.5%).
Interest Coverage: 4040's interest payments on its debt are well covered by EBIT (96.4x coverage).