Nippon Yakin Kogyo Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Yakin Kogyo has a total shareholder equity of ¥90.3B and total debt of ¥79.5B, which brings its debt-to-equity ratio to 87.9%. Its total assets and total liabilities are ¥222.7B and ¥132.3B respectively. Nippon Yakin Kogyo's EBIT is ¥18.2B making its interest coverage ratio 63.5. It has cash and short-term investments of ¥18.1B.
Key information
87.9%
Debt to equity ratio
JP¥79.45b
Debt
| Interest coverage ratio | 63.5x |
| Cash | JP¥18.09b |
| Equity | JP¥90.35b |
| Total liabilities | JP¥132.33b |
| Total assets | JP¥222.68b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5480's short term assets (¥113.9B) exceed its short term liabilities (¥78.2B).
Long Term Liabilities: 5480's short term assets (¥113.9B) exceed its long term liabilities (¥54.1B).
Debt to Equity History and Analysis
Debt Level: 5480's net debt to equity ratio (67.9%) is considered high.
Reducing Debt: 5480's debt to equity ratio has reduced from 118% to 87.9% over the past 5 years.
Debt Coverage: 5480's debt is well covered by operating cash flow (33.8%).
Interest Coverage: 5480's interest payments on its debt are well covered by EBIT (63.5x coverage).