Nippon Kinzoku Balance Sheet Health
Financial Health criteria checks 3/6
Nippon Kinzoku has a total shareholder equity of ¥26.9B and total debt of ¥24.1B, which brings its debt-to-equity ratio to 89.8%. Its total assets and total liabilities are ¥75.1B and ¥48.2B respectively.
Key information
89.8%
Debt to equity ratio
JP¥24.12b
Debt
Interest coverage ratio | n/a |
Cash | JP¥12.04b |
Equity | JP¥26.86b |
Total liabilities | JP¥48.22b |
Total assets | JP¥75.09b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5491's short term assets (¥42.6B) exceed its short term liabilities (¥30.4B).
Long Term Liabilities: 5491's short term assets (¥42.6B) exceed its long term liabilities (¥17.8B).
Debt to Equity History and Analysis
Debt Level: 5491's net debt to equity ratio (45%) is considered high.
Reducing Debt: 5491's debt to equity ratio has reduced from 90.9% to 89.8% over the past 5 years.
Debt Coverage: 5491's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 5491's interest payments on its debt are well covered by EBIT.