Nippon Television Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Television Holdings has a total shareholder equity of ¥924.9B and total debt of ¥6.3B, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ¥1,138.0B and ¥213.1B respectively. Nippon Television Holdings's EBIT is ¥42.2B making its interest coverage ratio -9.4. It has cash and short-term investments of ¥181.1B.
Key information
0.7%
Debt to equity ratio
JP¥6.27b
Debt
| Interest coverage ratio | -9.4x |
| Cash | JP¥181.07b |
| Equity | JP¥924.90b |
| Total liabilities | JP¥213.08b |
| Total assets | JP¥1.14t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9404's short term assets (¥320.9B) exceed its short term liabilities (¥101.3B).
Long Term Liabilities: 9404's short term assets (¥320.9B) exceed its long term liabilities (¥111.8B).
Debt to Equity History and Analysis
Debt Level: 9404 has more cash than its total debt.
Reducing Debt: 9404's debt to equity ratio has increased from 0.3% to 0.7% over the past 5 years.
Debt Coverage: 9404's debt is well covered by operating cash flow (737.2%).
Interest Coverage: 9404 earns more interest than it pays, so coverage of interest payments is not a concern.