Nippon GrandeLtd Balance Sheet Health
Financial Health criteria checks 4/6
Nippon GrandeLtd has a total shareholder equity of ¥2.0B and total debt of ¥3.5B, which brings its debt-to-equity ratio to 175.4%. Its total assets and total liabilities are ¥5.9B and ¥3.9B respectively. Nippon GrandeLtd's EBIT is ¥152.0M making its interest coverage ratio 4. It has cash and short-term investments of ¥595.0M.
Key information
175.4%
Debt to equity ratio
JP¥3.46b
Debt
| Interest coverage ratio | 4x |
| Cash | JP¥595.00m |
| Equity | JP¥1.97b |
| Total liabilities | JP¥3.88b |
| Total assets | JP¥5.85b |
Recent financial health updates
Here's Why Nippon GrandeLtd (SPSE:2976) Is Weighed Down By Its Debt Load
Mar 25
Nippon GrandeLtd (SPSE:2976) Takes On Some Risk With Its Use Of Debt
Dec 25Recent updates
Does It Make Sense To Buy Nippon Grande Co.,Ltd. (SPSE:2976) For Its Yield?
Apr 29Here's Why Nippon GrandeLtd (SPSE:2976) Is Weighed Down By Its Debt Load
Mar 25Is Nippon Grande Co.,Ltd. (SPSE:2976) A Smart Choice For Dividend Investors?
Jan 29Nippon GrandeLtd (SPSE:2976) Takes On Some Risk With Its Use Of Debt
Dec 25Should You Rely On Nippon GrandeLtd's (SPSE:2976) Earnings Growth?
Nov 20Financial Position Analysis
Short Term Liabilities: 2976's short term assets (¥2.8B) exceed its short term liabilities (¥1.5B).
Long Term Liabilities: 2976's short term assets (¥2.8B) exceed its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 2976's net debt to equity ratio (145.2%) is considered high.
Reducing Debt: 2976's debt to equity ratio has reduced from 305% to 175.4% over the past 5 years.
Debt Coverage: 2976's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: 2976's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/07 05:02 |
| End of Day Share Price | 2025/01/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nippon Grande Co.,Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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