Nippon Soda Balance Sheet Health
Financial Health criteria checks 4/6
Nippon Soda has a total shareholder equity of ¥192.4B and total debt of ¥52.5B, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are ¥291.9B and ¥99.5B respectively. Nippon Soda's EBIT is ¥12.1B making its interest coverage ratio -9.1. It has cash and short-term investments of ¥23.1B.
Key information
27.3%
Debt to equity ratio
JP¥52.51b
Debt
| Interest coverage ratio | -9.1x |
| Cash | JP¥23.09b |
| Equity | JP¥192.36b |
| Total liabilities | JP¥99.50b |
| Total assets | JP¥291.86b |
Recent financial health updates
No updates
Recent updates
Nippon Soda (TSE:4041) Will Pay A Dividend Of ¥120.00
Sep 24
Nippon Soda's (TSE:4041) Dividend Will Be ¥120.00
Aug 14Nippon Soda (TSE:4041) Is Posting Promising Earnings But The Good News Doesn’t Stop There
May 22Nippon Soda (TSE:4041) Will Pay A Dividend Of ¥120.00
Mar 25We Like These Underlying Return On Capital Trends At Nippon Soda (TSE:4041)
Mar 22Nippon Soda (TSE:4041) Has Announced A Dividend Of ¥120.00
Mar 03Financial Position Analysis
Short Term Liabilities: 4041's short term assets (¥132.4B) exceed its short term liabilities (¥54.6B).
Long Term Liabilities: 4041's short term assets (¥132.4B) exceed its long term liabilities (¥44.9B).
Debt to Equity History and Analysis
Debt Level: 4041's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: 4041's debt to equity ratio has increased from 18.3% to 27.3% over the past 5 years.
Debt Coverage: 4041's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 4041 earns more interest than it pays, so coverage of interest payments is not a concern.