Nippon Paint Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Paint Holdings has a total shareholder equity of ¥1,615.0B and total debt of ¥773.2B, which brings its debt-to-equity ratio to 47.9%. Its total assets and total liabilities are ¥3,098.1B and ¥1,483.1B respectively. Nippon Paint Holdings's EBIT is ¥171.8B making its interest coverage ratio 43.5. It has cash and short-term investments of ¥283.2B.
Key information
47.9%
Debt to equity ratio
JP¥773.16b
Debt
| Interest coverage ratio | 43.5x |
| Cash | JP¥283.22b |
| Equity | JP¥1.61t |
| Total liabilities | JP¥1.48t |
| Total assets | JP¥3.10t |
Recent financial health updates
Recent updates
Nippon Paint Holdings Co., Ltd.'s (TSE:4612) Share Price Not Quite Adding Up
Sep 09
Nippon 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 (¥1,013.4B) exceed its short term liabilities (¥559.9B).
Long Term Liabilities: 4612's short term assets (¥1,013.4B) exceed its long term liabilities (¥923.2B).
Debt to Equity History and Analysis
Debt Level: 4612's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: 4612's debt to equity ratio has increased from 13.7% to 47.9% over the past 5 years.
Debt Coverage: 4612's debt is well covered by operating cash flow (20.5%).
Interest Coverage: 4612's interest payments on its debt are well covered by EBIT (43.5x coverage).