NEC Balance Sheet Health
Financial Health criteria checks 6/6
NEC has a total shareholder equity of ¥2,073.9B and total debt of ¥438.8B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are ¥4,069.4B and ¥1,995.5B respectively. NEC's EBIT is ¥204.7B making its interest coverage ratio 18.6. It has cash and short-term investments of ¥484.0B.
Key information
21.2%
Debt to equity ratio
JP¥438.79b
Debt
| Interest coverage ratio | 18.6x |
| Cash | JP¥483.98b |
| Equity | JP¥2.07t |
| Total liabilities | JP¥2.00t |
| Total assets | JP¥4.07t |
Recent financial health updates
Is NEC (TSE:6701) A Risky Investment?
Sep 20
Here's Why NEC (TSE:6701) Can Manage Its Debt Responsibly
Jun 20Recent updates
Investors Still Waiting For A Pull Back In NEC Corporation (TSE:6701)
Nov 22NEC Corporation Just Missed EPS By 33%: Here's What Analysts Think Will Happen Next
Oct 31Is NEC Corporation (TSE:6701) Trading At A 39% Discount?
Oct 21Is NEC (TSE:6701) A Risky Investment?
Sep 20NEC Corporation (TSE:6701) May Have Run Too Fast Too Soon With Recent 30% Price Plummet
Aug 06NEC Corporation (TSE:6701) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Aug 02Returns On Capital Are Showing Encouraging Signs At NEC (TSE:6701)
Jul 27Are Investors Undervaluing NEC Corporation (TSE:6701) By 39%?
Jul 11Here's Why NEC (TSE:6701) Can Manage Its Debt Responsibly
Jun 20Getting In Cheap On NEC Corporation (TSE:6701) Is Unlikely
May 21The Return Trends At NEC (TSE:6701) Look Promising
Apr 25Is NEC Corporation (TSE:6701) Trading At A 30% Discount?
Apr 09Financial Position Analysis
Short Term Liabilities: 6701's short term assets (¥1,974.5B) exceed its short term liabilities (¥1,285.8B).
Long Term Liabilities: 6701's short term assets (¥1,974.5B) exceed its long term liabilities (¥709.6B).
Debt to Equity History and Analysis
Debt Level: 6701 has more cash than its total debt.
Reducing Debt: 6701's debt to equity ratio has reduced from 43% to 21.2% over the past 5 years.
Debt Coverage: 6701's debt is well covered by operating cash flow (69.1%).
Interest Coverage: 6701's interest payments on its debt are well covered by EBIT (18.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 20:27 |
| End of Day Share Price | 2024/12/18 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
NEC Corporation is covered by 25 analysts. 11 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 |
|---|---|
| Yuki Kaneko | BofA Global Research |
| Yohei Kanazawa | Citigroup Global Markets Japan Inc. |
| Kota Ezawa | Citigroup Inc |