Nippon Crucible Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Crucible has a total shareholder equity of ¥5.4B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are ¥11.1B and ¥5.7B respectively. Nippon Crucible's EBIT is ¥433.0M making its interest coverage ratio -61.9. It has cash and short-term investments of ¥1.9B.
Key information
39.0%
Debt to equity ratio
JP¥2.09b
Debt
| Interest coverage ratio | -61.9x |
| Cash | JP¥1.90b |
| Equity | JP¥5.37b |
| Total liabilities | JP¥5.73b |
| Total assets | JP¥11.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5355's short term assets (¥6.7B) exceed its short term liabilities (¥3.7B).
Long Term Liabilities: 5355's short term assets (¥6.7B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 5355's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: 5355's debt to equity ratio has reduced from 60.5% to 39% over the past 5 years.
Debt Coverage: 5355's debt is well covered by operating cash flow (40.6%).
Interest Coverage: 5355 earns more interest than it pays, so coverage of interest payments is not a concern.