Nippon Carbide Industries Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Carbide Industries has a total shareholder equity of ¥36.8B and total debt of ¥9.7B, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are ¥62.5B and ¥25.7B respectively. Nippon Carbide Industries's EBIT is ¥1.6B making its interest coverage ratio -10.1. It has cash and short-term investments of ¥13.6B.
Key information
26.4%
Debt to equity ratio
JP¥9.70b
Debt
| Interest coverage ratio | -10.1x |
| Cash | JP¥13.63b |
| Equity | JP¥36.80b |
| Total liabilities | JP¥25.74b |
| Total assets | JP¥62.55b |
Recent financial health updates
No updates
Recent updates
Nippon Carbide Industries' (TSE:4064) Solid Earnings Are Supported By Other Strong Factors
Nov 19
Positive Sentiment Still Eludes Nippon Carbide Industries Co., Inc. (TSE:4064) Following 29% Share Price Slump
Aug 05We Think That There Are Some Issues For Nippon Carbide Industries (TSE:4064) Beyond Its Promising Earnings
May 21The Market Lifts Nippon Carbide Industries Co., Inc. (TSE:4064) Shares 26% But It Can Do More
Mar 06Financial Position Analysis
Short Term Liabilities: 4064's short term assets (¥37.2B) exceed its short term liabilities (¥15.3B).
Long Term Liabilities: 4064's short term assets (¥37.2B) exceed its long term liabilities (¥10.4B).
Debt to Equity History and Analysis
Debt Level: 4064 has more cash than its total debt.
Reducing Debt: 4064's debt to equity ratio has reduced from 73.1% to 26.4% over the past 5 years.
Debt Coverage: 4064's debt is well covered by operating cash flow (57.9%).
Interest Coverage: 4064 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 16:13 |
| End of Day Share Price | 2025/01/31 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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Analyst Sources
Nippon Carbide Industries Co., Inc. is covered by 2 analysts. 1 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 |
|---|---|
| Mitsuhiro Osawa | Ichiyoshi Research Institute Inc. |
| Rohit Singhal | Virtua Research Inc. |