Nippon Steel Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Steel has a total shareholder equity of ¥5,999.4B and total debt of ¥2,795.8B, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are ¥11,201.1B and ¥5,201.7B respectively. Nippon Steel's EBIT is ¥551.9B making its interest coverage ratio 43.4. It has cash and short-term investments of ¥640.6B.
Key information
46.6%
Debt to equity ratio
JP¥2.80t
Debt
| Interest coverage ratio | 43.4x |
| Cash | JP¥640.57b |
| Equity | JP¥6.00t |
| Total liabilities | JP¥5.20t |
| Total assets | JP¥11.20t |
Recent financial health updates
Is Nippon Steel (TSE:5401) Using Too Much Debt?
Oct 11
We Think Nippon Steel (TSE:5401) Is Taking Some Risk With Its Debt
Jun 11Recent updates
Nippon Steel Corporation (TSE:5401) Looks Inexpensive But Perhaps Not Attractive Enough
Dec 07Why Nippon Steel's (TSE:5401) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 19Nippon Steel Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 09Is Nippon Steel (TSE:5401) Using Too Much Debt?
Oct 11Nippon Steel's (TSE:5401) Dividend Will Be ¥80.00
Sep 24Is Nippon Steel Corporation (TSE:5401) Trading At A 47% Discount?
Sep 12Nippon Steel's (TSE:5401) Dividend Will Be ¥80.00
Aug 22Nippon Steel's (TSE:5401) Dividend Will Be ¥80.00
Aug 08Results: Nippon Steel Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 04Nippon Steel's (TSE:5401) Dividend Will Be ¥80.00
Jul 25Nippon Steel (TSE:5401) Will Pay A Dividend Of ¥80.00
Jul 11We Think Nippon Steel (TSE:5401) Is Taking Some Risk With Its Debt
Jun 11Nippon Steel's (TSE:5401) Soft Earnings Don't Show The Whole Picture
May 21Nippon Steel Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 12Nippon Steel (TSE:5401) Is Experiencing Growth In Returns On Capital
Apr 29Investors Aren't Buying Nippon Steel Corporation's (TSE:5401) Earnings
Apr 11Nippon Steel's (TSE:5401) Dividend Will Be ¥85.00
Feb 26Financial Position Analysis
Short Term Liabilities: 5401's short term assets (¥4,873.3B) exceed its short term liabilities (¥2,474.9B).
Long Term Liabilities: 5401's short term assets (¥4,873.3B) exceed its long term liabilities (¥2,726.8B).
Debt to Equity History and Analysis
Debt Level: 5401's net debt to equity ratio (35.9%) is considered satisfactory.
Reducing Debt: 5401's debt to equity ratio has reduced from 72% to 46.6% over the past 5 years.
Debt Coverage: 5401's debt is well covered by operating cash flow (27.2%).
Interest Coverage: 5401's interest payments on its debt are well covered by EBIT (43.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 20:40 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nippon Steel Corporation is covered by 32 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Toshiyuki Johno | BNP Paribas Securities (Asia) |
| Takashi Enomoto | BofA Global Research |
| Toshiyuki Johno | Citigroup Global Markets Japan Inc. |