PILLAR Balance Sheet Health
Financial Health criteria checks 5/6
PILLAR has a total shareholder equity of ¥71.1B and total debt of ¥13.7B, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are ¥96.5B and ¥25.4B respectively. PILLAR's EBIT is ¥13.1B making its interest coverage ratio -65. It has cash and short-term investments of ¥19.8B.
Key information
19.3%
Debt to equity ratio
JP¥13.71b
Debt
| Interest coverage ratio | -65x |
| Cash | JP¥19.77b |
| Equity | JP¥71.10b |
| Total liabilities | JP¥25.37b |
| Total assets | JP¥96.47b |
Recent financial health updates
Recent updates
PILLAR's (TSE:6490) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 19
PILLAR Corporation (TSE:6490) Half-Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Nov 14PILLAR (TSE:6490) Is Doing The Right Things To Multiply Its Share Price
Nov 11Is It Too Late To Consider Buying PILLAR Corporation (TSE:6490)?
Sep 09Here's Why PILLAR (TSE:6490) Can Manage Its Debt Responsibly
Aug 24The Market Doesn't Like What It Sees From PILLAR Corporation's (TSE:6490) Earnings Yet As Shares Tumble 27%
Aug 06Nippon Pillar Packing (TSE:6490) Strong Profits May Be Masking Some Underlying Issues
May 21Is Nippon Pillar Packing Co., Ltd. (TSE:6490) Trading At A 42% Discount?
May 13Nippon Pillar Packing Co., Ltd. (TSE:6490) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Mar 08Is Now An Opportune Moment To Examine Nippon Pillar Packing Co., Ltd. (TSE:6490)?
Mar 07Financial Position Analysis
Short Term Liabilities: 6490's short term assets (¥48.9B) exceed its short term liabilities (¥11.2B).
Long Term Liabilities: 6490's short term assets (¥48.9B) exceed its long term liabilities (¥14.2B).
Debt to Equity History and Analysis
Debt Level: 6490 has more cash than its total debt.
Reducing Debt: 6490's debt to equity ratio has increased from 2.1% to 19.3% over the past 5 years.
Debt Coverage: 6490's debt is well covered by operating cash flow (79.2%).
Interest Coverage: 6490 earns more interest than it pays, so coverage of interest payments is not a concern.