Nippon Paint Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Nippon Paint Holdings has a total shareholder equity of ¥1,368.1B and total debt of ¥739.8B, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are ¥2,713.3B and ¥1,345.2B respectively. Nippon Paint Holdings's EBIT is ¥161.1B making its interest coverage ratio 59.7. It has cash and short-term investments of ¥373.8B.
Key information
54.1%
Debt to equity ratio
JP¥739.77b
Debt
Interest coverage ratio | 59.7x |
Cash | JP¥373.79b |
Equity | JP¥1.37t |
Total liabilities | JP¥1.35t |
Total assets | JP¥2.71t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4612's short term assets (¥889.6B) exceed its short term liabilities (¥437.7B).
Long Term Liabilities: 4612's short term assets (¥889.6B) do not cover its long term liabilities (¥907.5B).
Debt to Equity History and Analysis
Debt Level: 4612's net debt to equity ratio (26.8%) is considered satisfactory.
Reducing Debt: 4612's debt to equity ratio has increased from 13.8% to 54.1% over the past 5 years.
Debt Coverage: 4612's debt is well covered by operating cash flow (25.7%).
Interest Coverage: 4612's interest payments on its debt are well covered by EBIT (59.7x coverage).