Nippo Balance Sheet Health
Financial Health criteria checks 6/6
Nippo has a total shareholder equity of ¥14.6B and total debt of ¥3.0B, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are ¥31.5B and ¥16.9B respectively. Nippo's EBIT is ¥1.9B making its interest coverage ratio 192.2. It has cash and short-term investments of ¥6.2B.
Key information
20.6%
Debt to equity ratio
JP¥3.00b
Debt
| Interest coverage ratio | 192.2x |
| Cash | JP¥6.25b |
| Equity | JP¥14.58b |
| Total liabilities | JP¥16.88b |
| Total assets | JP¥31.46b |
Recent financial health updates
No updates
Recent updates
Nippo Ltd.'s (TSE:9913) Low P/E No Reason For Excitement
Apr 22
Nippo (TSE:9913) Will Pay A Larger Dividend Than Last Year At ¥42.00
Mar 11Nippo (TSE:9913) Is Increasing Its Dividend To ¥42.00
Feb 26Here’s What’s Happening With Returns At Nippo (TYO:9913)
Feb 12
Is Nippo Ltd.'s (TYO:9913) 0.9% Dividend Sustainable?
Dec 31Financial Position Analysis
Short Term Liabilities: 9913's short term assets (¥18.5B) exceed its short term liabilities (¥13.2B).
Long Term Liabilities: 9913's short term assets (¥18.5B) exceed its long term liabilities (¥3.7B).
Debt to Equity History and Analysis
Debt Level: 9913 has more cash than its total debt.
Reducing Debt: 9913's debt to equity ratio has reduced from 61.3% to 20.6% over the past 5 years.
Debt Coverage: 9913's debt is well covered by operating cash flow (111.2%).
Interest Coverage: 9913's interest payments on its debt are well covered by EBIT (192.2x coverage).