NCD Balance Sheet Health
Financial Health criteria checks 6/6
NCD has a total shareholder equity of ¥5.9B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are ¥13.9B and ¥8.0B respectively. NCD's EBIT is ¥1.7B making its interest coverage ratio 131.7. It has cash and short-term investments of ¥5.5B.
Key information
18.9%
Debt to equity ratio
JP¥1.13b
Debt
Interest coverage ratio | 131.7x |
Cash | JP¥5.49b |
Equity | JP¥5.95b |
Total liabilities | JP¥8.00b |
Total assets | JP¥13.94b |
Recent financial health updates
We Think Nippon Computer Dynamics (TYO:4783) Is Taking Some Risk With Its Debt
Mar 03Nippon Computer Dynamics (TYO:4783) Has A Somewhat Strained Balance Sheet
Nov 27Recent updates
NCD (TSE:4783) Is Increasing Its Dividend To ¥34.00
Mar 12Even With A 26% Surge, Cautious Investors Are Not Rewarding NCD Co., Ltd.'s (TSE:4783) Performance Completely
Feb 28NCD (TSE:4783) Is Increasing Its Dividend To ¥34.00
Feb 27Returns On Capital At Nippon Computer Dynamics (TYO:4783) Have Hit The Brakes
Apr 21We Think Nippon Computer Dynamics (TYO:4783) Is Taking Some Risk With Its Debt
Mar 03Key Things To Watch Out For If You Are After Nippon Computer Dynamics Co., Ltd.'s (TYO:4783) 2.5% Dividend
Feb 10Returns On Capital - An Important Metric For Nippon Computer Dynamics (TYO:4783)
Jan 20Are Nippon Computer Dynamics's (TYO:4783) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 02Is Nippon Computer Dynamics Co., Ltd.'s (TYO:4783) Stock's Recent Performance A Reflection Of Its Financial Health?
Dec 15Nippon Computer Dynamics (TYO:4783) Has A Somewhat Strained Balance Sheet
Nov 27Financial Position Analysis
Short Term Liabilities: 4783's short term assets (¥10.0B) exceed its short term liabilities (¥5.3B).
Long Term Liabilities: 4783's short term assets (¥10.0B) exceed its long term liabilities (¥2.7B).
Debt to Equity History and Analysis
Debt Level: 4783 has more cash than its total debt.
Reducing Debt: 4783's debt to equity ratio has reduced from 41.3% to 18.9% over the past 5 years.
Debt Coverage: 4783's debt is well covered by operating cash flow (127.9%).
Interest Coverage: 4783's interest payments on its debt are well covered by EBIT (131.7x coverage).