NOF Balance Sheet Health
Financial Health criteria checks 6/6
NOF has a total shareholder equity of ¥277.8B and total debt of ¥4.3B, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ¥353.0B and ¥75.2B respectively. NOF's EBIT is ¥45.4B making its interest coverage ratio -30.7. It has cash and short-term investments of ¥94.9B.
Key information
1.6%
Debt to equity ratio
JP¥4.34b
Debt
| Interest coverage ratio | -30.7x |
| Cash | JP¥94.94b |
| Equity | JP¥277.77b |
| Total liabilities | JP¥75.24b |
| Total assets | JP¥353.01b |
Recent financial health updates
These 4 Measures Indicate That NOF (TSE:4403) Is Using Debt Reasonably Well
Oct 24
NOF (TSE:4403) Seems To Use Debt Rather Sparingly
Apr 11Recent updates
NOF Corporation's (TSE:4403) Shareholders Might Be Looking For Exit
Dec 15Slowing Rates Of Return At NOF (TSE:4403) Leave Little Room For Excitement
Nov 27NOF Corporation (TSE:4403) Shares Could Be 44% Below Their Intrinsic Value Estimate
Nov 08These 4 Measures Indicate That NOF (TSE:4403) Is Using Debt Reasonably Well
Oct 24Earnings Not Telling The Story For NOF Corporation (TSE:4403) After Shares Rise 28%
Sep 04Returns At NOF (TSE:4403) Appear To Be Weighed Down
Aug 27Risks To Shareholder Returns Are Elevated At These Prices For NOF Corporation (TSE:4403)
Jul 05Is NOF Corporation (TSE:4403) Trading At A 39% Discount?
Jun 20NOF (TSE:4403) Seems To Use Debt Rather Sparingly
Apr 11NOF (TSE:4403) Has Announced A Dividend Of ¥56.00
Mar 26NOF (TSE:4403) Is Due To Pay A Dividend Of ¥56.00
Mar 11NOF (TSE:4403) Is Due To Pay A Dividend Of ¥56.00
Feb 26Financial Position Analysis
Short Term Liabilities: 4403's short term assets (¥212.3B) exceed its short term liabilities (¥54.9B).
Long Term Liabilities: 4403's short term assets (¥212.3B) exceed its long term liabilities (¥20.3B).
Debt to Equity History and Analysis
Debt Level: 4403 has more cash than its total debt.
Reducing Debt: 4403's debt to equity ratio has reduced from 5% to 1.6% over the past 5 years.
Debt Coverage: 4403's debt is well covered by operating cash flow (711.1%).
Interest Coverage: 4403 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:09 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NOF Corporation is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Takashi Enomoto | BofA Global Research |
| null null | Company Forecast |
| Takahiro Mori | Daiwa Securities Co. Ltd. |