NEC Networks & System Integration Balance Sheet Health
Financial Health criteria checks 6/6
NEC Networks & System Integration has a total shareholder equity of ¥160.2B and total debt of ¥7.9B, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are ¥281.1B and ¥120.9B respectively. NEC Networks & System Integration's EBIT is ¥29.1B making its interest coverage ratio 112.2. It has cash and short-term investments of ¥75.5B.
Key information
4.9%
Debt to equity ratio
JP¥7.90b
Debt
| Interest coverage ratio | 112.2x |
| Cash | JP¥75.49b |
| Equity | JP¥160.22b |
| Total liabilities | JP¥120.87b |
| Total assets | JP¥281.09b |
Recent financial health updates
Is NEC Networks & System Integration (TSE:1973) Using Too Much Debt?
Dec 18
Is NEC Networks & System Integration (TSE:1973) A Risky Investment?
Jun 13These 4 Measures Indicate That NEC Networks & System Integration (TSE:1973) Is Using Debt Reasonably Well
Feb 26Recent updates
Is NEC Networks & System Integration (TSE:1973) Using Too Much Debt?
Dec 18NEC Networks & System Integration Corporation's (TSE:1973) 26% Price Boost Is Out Of Tune With Earnings
Nov 22NEC Networks & System Integration's (TSE:1973) Earnings Seem To Be Promising
Nov 05NEC Networks & System Integration (TSE:1973) Might Have The Makings Of A Multi-Bagger
Sep 22NEC Networks & System Integration's (TSE:1973) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 04NEC Networks & System Integration (TSE:1973) Is Paying Out A Larger Dividend Than Last Year
Aug 21NEC Networks & System Integration (TSE:1973) Has Announced That It Will Be Increasing Its Dividend To ¥28.00
Jul 25NEC Networks & System Integration's (TSE:1973) Dividend Will Be Increased To ¥28.00
Jul 11Is NEC Networks & System Integration (TSE:1973) A Risky Investment?
Jun 13NEC Networks & System Integration Corporation (TSE:1973) Not Flying Under The Radar
May 21We Like These Underlying Return On Capital Trends At NEC Networks & System Integration (TSE:1973)
Apr 09NEC Networks & System Integration (TSE:1973) Will Pay A Dividend Of ¥24.50
Mar 02These 4 Measures Indicate That NEC Networks & System Integration (TSE:1973) Is Using Debt Reasonably Well
Feb 26Financial Position Analysis
Short Term Liabilities: 1973's short term assets (¥231.5B) exceed its short term liabilities (¥89.5B).
Long Term Liabilities: 1973's short term assets (¥231.5B) exceed its long term liabilities (¥31.3B).
Debt to Equity History and Analysis
Debt Level: 1973 has more cash than its total debt.
Reducing Debt: 1973's debt to equity ratio has reduced from 7.4% to 4.9% over the past 5 years.
Debt Coverage: 1973's debt is well covered by operating cash flow (400%).
Interest Coverage: 1973's interest payments on its debt are well covered by EBIT (112.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/15 20:50 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/12/31 |
| 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.
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 Github.
Analyst Sources
NEC Networks & System Integration Corporation is covered by 9 analysts. 2 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 |
|---|---|
| null null | Company Forecast |
| Makoto Ueno | Daiwa Securities Co. Ltd. |
| Yoko Mizoguchi | Ichiyoshi Research Institute Inc. |