Nippon Ceramic Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Ceramic has a total shareholder equity of ¥51.0B and total debt of ¥190.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ¥56.8B and ¥5.7B respectively. Nippon Ceramic's EBIT is ¥4.7B making its interest coverage ratio -10.4. It has cash and short-term investments of ¥31.0B.
Key information
0.4%
Debt to equity ratio
JP¥190.00m
Debt
| Interest coverage ratio | -10.4x |
| Cash | JP¥30.98b |
| Equity | JP¥51.04b |
| Total liabilities | JP¥5.71b |
| Total assets | JP¥56.76b |
Recent financial health updates
Recent updates
Nippon Ceramic (TSE:6929) Has Affirmed Its Dividend Of ¥100.00
Dec 19
Nippon Ceramic (TSE:6929) Is Paying Out A Dividend Of ¥100.00
Dec 03Nippon Ceramic's (TSE:6929) Dividend Will Be ¥100.00
Nov 08Nippon Ceramic (TSE:6929) Is Due To Pay A Dividend Of ¥100.00
Oct 15Nippon Ceramic (TSE:6929) Has Affirmed Its Dividend Of ¥100.00
Sep 24We Like Nippon Ceramic's (TSE:6929) Earnings For More Than Just Statutory Profit
Aug 09Nippon Ceramic's (TSE:6929) Dividend Will Be ¥100.00
Aug 05Financial Position Analysis
Short Term Liabilities: 6929's short term assets (¥44.3B) exceed its short term liabilities (¥4.6B).
Long Term Liabilities: 6929's short term assets (¥44.3B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 6929 has more cash than its total debt.
Reducing Debt: 6929's debt to equity ratio has increased from 0.3% to 0.4% over the past 5 years.
Debt Coverage: 6929's debt is well covered by operating cash flow (3881.6%).
Interest Coverage: 6929 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:49 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 Ceramic Co., Ltd. is covered by 8 analysts. 4 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 | Daiwa Securities Co. Ltd. |
| Mitsuhiro Icho | Goldman Sachs |
| Koichi Hariya | Ichiyoshi Research Institute Inc. |