Nippon Kayaku Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Kayaku has a total shareholder equity of ¥275.7B and total debt of ¥31.4B, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are ¥375.5B and ¥99.8B respectively. Nippon Kayaku's EBIT is ¥10.6B making its interest coverage ratio -6. It has cash and short-term investments of ¥63.9B.
Key information
11.4%
Debt to equity ratio
JP¥31.40b
Debt
| Interest coverage ratio | -6x |
| Cash | JP¥63.88b |
| Equity | JP¥275.69b |
| Total liabilities | JP¥99.84b |
| Total assets | JP¥375.53b |
Recent financial health updates
Recent updates
Nippon Kayaku (TSE:4272) Has Affirmed Its Dividend Of ¥22.50
Aug 22
Nippon 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 (¥209.5B) exceed its short term liabilities (¥65.8B).
Long Term Liabilities: 4272's short term assets (¥209.5B) exceed its long term liabilities (¥34.1B).
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 5.8% to 11.4% over the past 5 years.
Debt Coverage: 4272's debt is well covered by operating cash flow (74%).
Interest Coverage: 4272 earns more interest than it pays, so coverage of interest payments is not a concern.