PILLAR Balance Sheet Health
Financial Health criteria checks 5/6
PILLAR has a total shareholder equity of ¥69.9B and total debt of ¥15.3B, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are ¥98.8B and ¥28.9B respectively. PILLAR's EBIT is ¥14.2B making its interest coverage ratio -32.3. It has cash and short-term investments of ¥17.9B.
Key information
21.8%
Debt to equity ratio
JP¥15.26b
Debt
| Interest coverage ratio | -32.3x |
| Cash | JP¥17.90b |
| Equity | JP¥69.95b |
| Total liabilities | JP¥28.89b |
| Total assets | JP¥98.84b |
Recent financial health updates
Recent updates
Nippon Pillar Packing (TSE:6490) Strong Profits May Be Masking Some Underlying Issues
May 21
Is 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 (¥49.3B) exceed its short term liabilities (¥14.1B).
Long Term Liabilities: 6490's short term assets (¥49.3B) exceed its long term liabilities (¥14.8B).
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 2.6% to 21.8% over the past 5 years.
Debt Coverage: 6490's debt is well covered by operating cash flow (37%).
Interest Coverage: 6490 earns more interest than it pays, so coverage of interest payments is not a concern.