Nippon Paint Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Paint Holdings has a total shareholder equity of ¥1,470.8B and total debt of ¥770.8B, which brings its debt-to-equity ratio to 52.4%. Its total assets and total liabilities are ¥2,901.5B and ¥1,430.7B respectively. Nippon Paint Holdings's EBIT is ¥171.2B making its interest coverage ratio 37.7. It has cash and short-term investments of ¥261.0B.
Key information
52.4%
Debt to equity ratio
JP¥770.85b
Debt
| Interest coverage ratio | 37.7x |
| Cash | JP¥260.97b |
| Equity | JP¥1.47t |
| Total liabilities | JP¥1.43t |
| Total assets | JP¥2.90t |
Recent financial health updates
Recent updates
Nippon Paint Holdings (TSE:4612) Has Announced A Dividend Of ¥8.00
Nov 28
Nippon Paint Holdings Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 17Nippon Paint Holdings' (TSE:4612) Dividend Will Be ¥8.00
Nov 14Nippon Paint Holdings (TSE:4612) Has Announced A Dividend Of ¥8.00
Oct 29Nippon Paint Holdings (TSE:4612) Is Due To Pay A Dividend Of ¥8.00
Oct 15Nippon Paint Holdings (TSE:4612) Is Due To Pay A Dividend Of ¥8.00
Sep 20Nippon Paint Holdings Co., Ltd.'s (TSE:4612) Share Price Not Quite Adding Up
Sep 09Nippon Paint Holdings (TSE:4612) Has Affirmed Its Dividend Of ¥8.00
Aug 24Analysts Are Updating Their Nippon Paint Holdings Co., Ltd. (TSE:4612) Estimates After Its Interim Results
Aug 11Nippon Paint Holdings (TSE:4612) Is Paying Out A Dividend Of ¥8.00
Aug 10Nippon Paint Holdings (TSE:4612) Seems To Use Debt Quite Sensibly
Jul 27Nippon Paint Holdings' (TSE:4612) Dividend Will Be ¥7.00
Jun 26A Look At The Fair Value Of Nippon Paint Holdings Co., Ltd. (TSE:4612)
Jun 05Nippon Paint Holdings (TSE:4612) Has Announced A Dividend Of ¥7.00
Apr 26Nippon Paint Holdings' (TSE:4612) Dividend Will Be ¥7.00
Apr 11Why Nippon Paint Holdings Co., Ltd. (TSE:4612) Could Be Worth Watching
Mar 14Nippon Paint Holdings Co., Ltd.'s (TSE:4612) Popularity With Investors Is Clear
Feb 28Financial Position Analysis
Short Term Liabilities: 4612's short term assets (¥966.5B) exceed its short term liabilities (¥527.6B).
Long Term Liabilities: 4612's short term assets (¥966.5B) exceed its long term liabilities (¥903.1B).
Debt to Equity History and Analysis
Debt Level: 4612's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: 4612's debt to equity ratio has reduced from 68.3% to 52.4% over the past 5 years.
Debt Coverage: 4612's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: 4612's interest payments on its debt are well covered by EBIT (37.7x coverage).