Nippon Steel Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Steel has a total shareholder equity of ¥5,617.7B and total debt of ¥3,124.2B, which brings its debt-to-equity ratio to 55.6%. Its total assets and total liabilities are ¥11,164.5B and ¥5,546.7B respectively. Nippon Steel's EBIT is ¥688.8B making its interest coverage ratio 42.5. It has cash and short-term investments of ¥642.1B.
Key information
55.6%
Debt to equity ratio
JP¥3.12t
Debt
| Interest coverage ratio | 42.5x |
| Cash | JP¥642.08b |
| Equity | JP¥5.62t |
| Total liabilities | JP¥5.55t |
| Total assets | JP¥11.16t |
Recent financial health updates
Recent updates
Nippon Steel's (TSE:5401) Dividend Will Be ¥80.00
Sep 24
Is 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 (¥4,844.5B) exceed its short term liabilities (¥2,585.6B).
Long Term Liabilities: 5401's short term assets (¥4,844.5B) exceed its long term liabilities (¥2,961.1B).
Debt to Equity History and Analysis
Debt Level: 5401's net debt to equity ratio (44.2%) is considered high.
Reducing Debt: 5401's debt to equity ratio has reduced from 69.7% to 55.6% over the past 5 years.
Debt Coverage: 5401's debt is well covered by operating cash flow (32.3%).
Interest Coverage: 5401's interest payments on its debt are well covered by EBIT (42.5x coverage).