Nippon Fine Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Fine Chemical has a total shareholder equity of ¥48.8B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥58.9B and ¥10.1B respectively. Nippon Fine Chemical's EBIT is ¥4.5B making its interest coverage ratio -13. It has cash and short-term investments of ¥11.7B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -13x |
| Cash | JP¥11.69b |
| Equity | JP¥48.79b |
| Total liabilities | JP¥10.08b |
| Total assets | JP¥58.87b |
Recent financial health updates
No updates
Recent updates
We Think That There Are Some Issues For Nippon Fine Chemical (TSE:4362) Beyond Its Promising Earnings
Nov 06
Nippon Fine Chemical's (TSE:4362) Dividend Will Be Increased To ¥37.00
Sep 13Nippon Fine Chemical Co., Ltd.'s (TSE:4362) 27% Cheaper Price Remains In Tune With Earnings
Aug 05Nippon Fine Chemical (TSE:4362) Will Pay A Larger Dividend Than Last Year At ¥37.00
Jul 25Nippon Fine Chemical (TSE:4362) Is Increasing Its Dividend To ¥37.00
Jul 11Nippon Fine Chemical's (TSE:4362) Anemic Earnings Might Be Worse Than You Think
May 07Nippon Fine Chemical (TSE:4362) Has Announced A Dividend Of ¥35.00
Feb 27Financial Position Analysis
Short Term Liabilities: 4362's short term assets (¥30.4B) exceed its short term liabilities (¥7.2B).
Long Term Liabilities: 4362's short term assets (¥30.4B) exceed its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 4362 is debt free.
Reducing Debt: 4362 has not had any debt for past 5 years.
Debt Coverage: 4362 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4362 has no debt, therefore coverage of interest payments is not a concern.