Nippon Sanso Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Nippon Sanso Holdings has a total shareholder equity of ¥869.6B and total debt of ¥994.4B, which brings its debt-to-equity ratio to 114.4%. Its total assets and total liabilities are ¥2,392.2B and ¥1,522.7B respectively. Nippon Sanso Holdings's EBIT is ¥158.0B making its interest coverage ratio 7.6. It has cash and short-term investments of ¥229.7B.
Key information
114.4%
Debt to equity ratio
JP¥994.44b
Debt
Interest coverage ratio | 7.6x |
Cash | JP¥229.65b |
Equity | JP¥869.59b |
Total liabilities | JP¥1.52t |
Total assets | JP¥2.39t |
Financial Position Analysis
Short Term Liabilities: 4091's short term assets (¥655.4B) exceed its short term liabilities (¥573.7B).
Long Term Liabilities: 4091's short term assets (¥655.4B) do not cover its long term liabilities (¥949.0B).
Debt to Equity History and Analysis
Debt Level: 4091's net debt to equity ratio (87.9%) is considered high.
Reducing Debt: 4091's debt to equity ratio has reduced from 237.1% to 114.4% over the past 5 years.
Debt Coverage: 4091's debt is well covered by operating cash flow (21.2%).
Interest Coverage: 4091's interest payments on its debt are well covered by EBIT (7.6x coverage).