Nippon Paint Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Paint Holdings has a total shareholder equity of ¥1,452.2B and total debt of ¥773.2B, which brings its debt-to-equity ratio to 53.2%. Its total assets and total liabilities are ¥2,889.1B and ¥1,436.8B respectively. Nippon Paint Holdings's EBIT is ¥168.8B making its interest coverage ratio 58.8. It has cash and short-term investments of ¥360.0B.
Key information
53.2%
Debt to equity ratio
JP¥773.20b
Debt
Interest coverage ratio | 58.8x |
Cash | JP¥360.00b |
Equity | JP¥1.45t |
Total liabilities | JP¥1.44t |
Total assets | JP¥2.89t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4612's short term assets (¥954.8B) exceed its short term liabilities (¥578.6B).
Long Term Liabilities: 4612's short term assets (¥954.8B) exceed its long term liabilities (¥858.3B).
Debt to Equity History and Analysis
Debt Level: 4612's net debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: 4612's debt to equity ratio has increased from 13.4% to 53.2% over the past 5 years.
Debt Coverage: 4612's debt is well covered by operating cash flow (25.2%).
Interest Coverage: 4612's interest payments on its debt are well covered by EBIT (58.8x coverage).