Nippon Kayaku Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Kayaku has a total shareholder equity of ¥264.2B and total debt of ¥28.7B, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are ¥356.6B and ¥92.4B respectively. Nippon Kayaku's EBIT is ¥13.7B making its interest coverage ratio -7.5. It has cash and short-term investments of ¥53.8B.
Key information
10.9%
Debt to equity ratio
JP¥28.70b
Debt
| Interest coverage ratio | -7.5x |
| Cash | JP¥53.79b |
| Equity | JP¥264.20b |
| Total liabilities | JP¥92.43b |
| Total assets | JP¥356.63b |
Recent financial health updates
Recent updates
Some Investors May Be Willing To Look Past Nippon Kayaku's (TSE:4272) Soft Earnings
Nov 21
There Are Reasons To Feel Uneasy About Nippon Kayaku's (TSE:4272) Returns On Capital
Oct 24Nippon Kayaku (TSE:4272) Is Paying Out A Dividend Of ¥22.50
Sep 22Nippon Kayaku (TSE:4272) Has Affirmed Its Dividend Of ¥22.50
Aug 22Nippon Kayaku (TSE:4272) Is Due To Pay A Dividend Of ¥22.50
Aug 08Nippon Kayaku (TSE:4272) Has Affirmed Its Dividend Of ¥22.50
Jul 25Nippon Kayaku (TSE:4272) Has Announced A Dividend Of ¥22.50
Jul 11Nippon Kayaku (TSE:4272) Has A Pretty Healthy Balance Sheet
Jun 12Investors Could Be Concerned With Nippon Kayaku's (TSE:4272) Returns On Capital
Apr 17Nippon Kayaku (TSE:4272) Is Due To Pay A Dividend Of ¥22.50
Feb 27Financial Position Analysis
Short Term Liabilities: 4272's short term assets (¥195.2B) exceed its short term liabilities (¥62.7B).
Long Term Liabilities: 4272's short term assets (¥195.2B) exceed its long term liabilities (¥29.8B).
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 5.2% to 10.9% over the past 5 years.
Debt Coverage: 4272's debt is well covered by operating cash flow (95.8%).
Interest Coverage: 4272 earns more interest than it pays, so coverage of interest payments is not a concern.