Nippon Chemical Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Chemical Industrial has a total shareholder equity of ¥43.4B and total debt of ¥17.2B, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are ¥74.5B and ¥31.0B respectively. Nippon Chemical Industrial's EBIT is ¥1.3B making its interest coverage ratio -33.4. It has cash and short-term investments of ¥6.8B.
Key information
39.5%
Debt to equity ratio
JP¥17.17b
Debt
| Interest coverage ratio | -33.4x |
| Cash | JP¥6.84b |
| Equity | JP¥43.41b |
| Total liabilities | JP¥31.04b |
| Total assets | JP¥74.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4092's short term assets (¥33.1B) exceed its short term liabilities (¥20.2B).
Long Term Liabilities: 4092's short term assets (¥33.1B) exceed its long term liabilities (¥10.8B).
Debt to Equity History and Analysis
Debt Level: 4092's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: 4092's debt to equity ratio has increased from 37.9% to 39.5% over the past 5 years.
Debt Coverage: 4092's debt is well covered by operating cash flow (22.2%).
Interest Coverage: 4092 earns more interest than it pays, so coverage of interest payments is not a concern.