Nippon Pigment Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Pigment Holdings has a total shareholder equity of ¥23.4B and total debt of ¥6.2B, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are ¥46.1B and ¥22.7B respectively. Nippon Pigment Holdings's EBIT is ¥480.0M making its interest coverage ratio -9.1. It has cash and short-term investments of ¥4.8B.
Key information
26.3%
Debt to equity ratio
JP¥6.15b
Debt
| Interest coverage ratio | -9.1x |
| Cash | JP¥4.78b |
| Equity | JP¥23.40b |
| Total liabilities | JP¥22.69b |
| Total assets | JP¥46.08b |
Recent financial health updates
No updates
Recent updates
Statutory Earnings May Not Be The Best Way To Understand Nippon Pigment Holdings' (TSE:4119) True Position
Nov 19
What Nippon Pigment Company Limited's (TSE:4119) P/S Is Not Telling You
Aug 06Nippon Pigment's (TSE:4119) Profits May Not Reveal Underlying Issues
May 21Some Confidence Is Lacking In Nippon Pigment Company Limited's (TSE:4119) P/S
Mar 05Financial Position Analysis
Short Term Liabilities: 4119's short term assets (¥25.6B) exceed its short term liabilities (¥16.2B).
Long Term Liabilities: 4119's short term assets (¥25.6B) exceed its long term liabilities (¥6.5B).
Debt to Equity History and Analysis
Debt Level: 4119's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: 4119's debt to equity ratio has reduced from 61.8% to 26.3% over the past 5 years.
Debt Coverage: 4119's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: 4119 earns more interest than it pays, so coverage of interest payments is not a concern.