Nippon Kayaku Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Kayaku has a total shareholder equity of ¥270.5B and total debt of ¥31.5B, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are ¥363.2B and ¥92.6B respectively. Nippon Kayaku's EBIT is ¥7.3B making its interest coverage ratio -4.3. It has cash and short-term investments of ¥66.2B.
Key information
11.6%
Debt to equity ratio
JP¥31.45b
Debt
Interest coverage ratio | -4.3x |
Cash | JP¥66.18b |
Equity | JP¥270.55b |
Total liabilities | JP¥92.63b |
Total assets | JP¥363.17b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4272's short term assets (¥203.1B) exceed its short term liabilities (¥59.8B).
Long Term Liabilities: 4272's short term assets (¥203.1B) exceed its long term liabilities (¥32.8B).
Debt to Equity History and Analysis
Debt Level: 4272 has more cash than its total debt.
Reducing Debt: 4272's debt to equity ratio has increased from 6.3% to 11.6% over the past 5 years.
Debt Coverage: 4272's debt is well covered by operating cash flow (73.9%).
Interest Coverage: 4272 earns more interest than it pays, so coverage of interest payments is not a concern.