Nippon Information Development Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Information Development has a total shareholder equity of ¥19.7B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥26.2B and ¥6.5B respectively. Nippon Information Development's EBIT is ¥2.8B making its interest coverage ratio -12.7. It has cash and short-term investments of ¥14.2B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -12.7x |
| Cash | JP¥14.19b |
| Equity | JP¥19.71b |
| Total liabilities | JP¥6.52b |
| Total assets | JP¥26.23b |
Recent financial health updates
No updates
Recent updates
It's A Story Of Risk Vs Reward With Nippon Information Development Co., Ltd. (TSE:2349)
Apr 16
Slowing Rates Of Return At Nippon Information Development (TYO:2349) Leave Little Room For Excitement
Apr 30You Have To Love Nippon Information Development Co., Ltd.'s (TYO:2349) Dividend
Mar 14Should Nippon Information Development (TYO:2349) Be Disappointed With Their 68% Profit?
Feb 18Nippon Information Development Co., Ltd.'s (TYO:2349) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Jan 29Should You Be Impressed By Nippon Information Development's (TYO:2349) Returns on Capital?
Jan 14What Is The Ownership Structure Like For Nippon Information Development Co., Ltd. (TYO:2349)?
Dec 28
Does Nippon Information Development Co., Ltd. (TYO:2349) Have A Place In Your Dividend Portfolio?
Dec 13We Think Nippon Information Development's (TYO:2349) Statutory Profit Might Understate Its Earnings Potential
Nov 28Financial Position Analysis
Short Term Liabilities: 2349's short term assets (¥18.8B) exceed its short term liabilities (¥3.3B).
Long Term Liabilities: 2349's short term assets (¥18.8B) exceed its long term liabilities (¥3.2B).
Debt to Equity History and Analysis
Debt Level: 2349 is debt free.
Reducing Debt: 2349 had no debt 5 years ago.
Debt Coverage: 2349 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2349 has no debt, therefore coverage of interest payments is not a concern.