Nippon Ichi Software Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Ichi Software has a total shareholder equity of ¥7.7B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are ¥10.2B and ¥2.5B respectively. Nippon Ichi Software's EBIT is ¥662.0M making its interest coverage ratio -5.8. It has cash and short-term investments of ¥5.1B.
Key information
14.3%
Debt to equity ratio
JP¥1.10b
Debt
| Interest coverage ratio | -5.8x |
| Cash | JP¥5.08b |
| Equity | JP¥7.66b |
| Total liabilities | JP¥2.52b |
| Total assets | JP¥10.18b |
Recent financial health updates
Does Nippon Ichi Software (TYO:3851) Have A Healthy Balance Sheet?
Apr 14
These 4 Measures Indicate That Nippon Ichi Software (TYO:3851) Is Using Debt Safely
Dec 27
Recent updates
Does Nippon Ichi Software (TYO:3851) Have A Healthy Balance Sheet?
Apr 14Will Nippon Ichi Software (TYO:3851) Repeat Its Return Growth Of The Past?
Mar 18Could The Market Be Wrong About Nippon Ichi Software, Inc. (TYO:3851) Given Its Attractive Financial Prospects?
Feb 20Investors Who Bought Nippon Ichi Software (TYO:3851) Shares Five Years Ago Are Now Up 129%
Jan 24These 4 Measures Indicate That Nippon Ichi Software (TYO:3851) Is Using Debt Safely
Dec 27Will Nippon Ichi Software (TYO:3851) Become A Multi-Bagger?
Nov 30Financial Position Analysis
Short Term Liabilities: 3851's short term assets (¥7.0B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 3851's short term assets (¥7.0B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 3851 has more cash than its total debt.
Reducing Debt: 3851's debt to equity ratio has reduced from 18.1% to 14.3% over the past 5 years.
Debt Coverage: 3851's debt is well covered by operating cash flow (43.8%).
Interest Coverage: 3851 earns more interest than it pays, so coverage of interest payments is not a concern.