Nippon Fine Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Fine Chemical has a total shareholder equity of ¥46.9B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥57.3B and ¥10.3B respectively. Nippon Fine Chemical's EBIT is ¥3.9B making its interest coverage ratio -11.4. It has cash and short-term investments of ¥10.2B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -11.4x |
| Cash | JP¥10.18b |
| Equity | JP¥46.95b |
| Total liabilities | JP¥10.32b |
| Total assets | JP¥57.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4362's short term assets (¥30.0B) exceed its short term liabilities (¥7.6B).
Long Term Liabilities: 4362's short term assets (¥30.0B) 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.