Nippon Denko Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Denko has a total shareholder equity of ¥72.4B and total debt of ¥14.5B, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are ¥100.6B and ¥28.2B respectively. Nippon Denko's EBIT is ¥5.7B making its interest coverage ratio 23.3. It has cash and short-term investments of ¥5.9B.
Key information
20.1%
Debt to equity ratio
JP¥14.54b
Debt
| Interest coverage ratio | 23.3x |
| Cash | JP¥5.90b |
| Equity | JP¥72.38b |
| Total liabilities | JP¥28.18b |
| Total assets | JP¥100.56b |
Recent financial health updates
No updates
Recent updates
Nippon Denko (TSE:5563) Has Affirmed Its Dividend Of ¥6.00
Nov 07
Nippon Denko (TSE:5563) Is Paying Out A Dividend Of ¥6.00
Sep 27Nippon Denko's (TSE:5563) Dividend Will Be ¥6.00
Aug 31Nippon Denko (TSE:5563) Will Pay A Dividend Of ¥6.00
Aug 14Nippon Denko (TSE:5563) Has Announced A Dividend Of ¥4.00
Jun 26Nippon Denko (TSE:5563) Has Announced A Dividend Of ¥4.00
Jun 07Nippon Denko (TSE:5563) Has Announced A Dividend Of ¥4.00
May 13Earnings Troubles May Signal Larger Issues for Nippon Denko (TSE:5563) Shareholders
Apr 07Financial Position Analysis
Short Term Liabilities: 5563's short term assets (¥51.7B) exceed its short term liabilities (¥17.6B).
Long Term Liabilities: 5563's short term assets (¥51.7B) exceed its long term liabilities (¥10.6B).
Debt to Equity History and Analysis
Debt Level: 5563's net debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: 5563's debt to equity ratio has reduced from 24% to 20.1% over the past 5 years.
Debt Coverage: 5563's debt is well covered by operating cash flow (70.1%).
Interest Coverage: 5563's interest payments on its debt are well covered by EBIT (23.3x coverage).