Nissha Balance Sheet Health
Financial Health criteria checks 6/6
Nissha has a total shareholder equity of ¥121.7B and total debt of ¥55.9B, which brings its debt-to-equity ratio to 46%. Its total assets and total liabilities are ¥257.0B and ¥135.3B respectively. Nissha's EBIT is ¥3.8B making its interest coverage ratio 112.4. It has cash and short-term investments of ¥45.3B.
Key information
46.0%
Debt to equity ratio
JP¥55.92b
Debt
Interest coverage ratio | 112.4x |
Cash | JP¥45.33b |
Equity | JP¥121.65b |
Total liabilities | JP¥135.33b |
Total assets | JP¥256.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7915's short term assets (¥124.9B) exceed its short term liabilities (¥69.3B).
Long Term Liabilities: 7915's short term assets (¥124.9B) exceed its long term liabilities (¥66.0B).
Debt to Equity History and Analysis
Debt Level: 7915's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: 7915's debt to equity ratio has reduced from 53.4% to 46% over the past 5 years.
Debt Coverage: 7915's debt is well covered by operating cash flow (24.4%).
Interest Coverage: 7915's interest payments on its debt are well covered by EBIT (112.4x coverage).