Nippon Denko Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Denko has a total shareholder equity of ¥70.1B and total debt of ¥14.9B, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are ¥99.1B and ¥29.1B respectively. Nippon Denko's EBIT is ¥4.2B making its interest coverage ratio 19.7. It has cash and short-term investments of ¥8.4B.
Key information
21.3%
Debt to equity ratio
JP¥14.90b
Debt
Interest coverage ratio | 19.7x |
Cash | JP¥8.42b |
Equity | JP¥70.06b |
Total liabilities | JP¥29.06b |
Total assets | JP¥99.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5563's short term assets (¥50.7B) exceed its short term liabilities (¥17.2B).
Long Term Liabilities: 5563's short term assets (¥50.7B) exceed its long term liabilities (¥11.9B).
Debt to Equity History and Analysis
Debt Level: 5563's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: 5563's debt to equity ratio has reduced from 22.2% to 21.3% over the past 5 years.
Debt Coverage: 5563's debt is well covered by operating cash flow (58.9%).
Interest Coverage: 5563's interest payments on its debt are well covered by EBIT (19.7x coverage).