Nissin Balance Sheet Health
Financial Health criteria checks 6/6
Nissin has a total shareholder equity of ¥90.3B and total debt of ¥30.6B, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are ¥167.4B and ¥77.1B respectively. Nissin's EBIT is ¥8.5B making its interest coverage ratio -22.9. It has cash and short-term investments of ¥26.4B.
Key information
33.9%
Debt to equity ratio
JP¥30.61b
Debt
| Interest coverage ratio | -22.9x |
| Cash | JP¥26.44b |
| Equity | JP¥90.28b |
| Total liabilities | JP¥77.10b |
| Total assets | JP¥167.37b |
Recent financial health updates
No updates
Recent updates
Nissin (TSE:9066) Will Pay A Dividend Of ¥100.00
Dec 30
Nissin (TSE:9066) Has Announced A Dividend Of ¥100.00
Dec 06There May Be Underlying Issues With The Quality Of Nissin's (TSE:9066) Earnings
Nov 19Nissin (TSE:9066) Will Pay A Larger Dividend Than Last Year At ¥100.00
Sep 20Nissin (TSE:9066) Has Some Way To Go To Become A Multi-Bagger
Aug 13Nissin's (TSE:9066) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 26Nissin's (TSE:9066) Dividend Will Be Increased To ¥100.00
Jul 11Earnings Troubles May Signal Larger Issues for Nissin (TSE:9066) Shareholders
May 21Further Upside For Nissin Corporation (TSE:9066) Shares Could Introduce Price Risks After 44% Bounce
May 14Nissin (TSE:9066) Has Announced That It Will Be Increasing Its Dividend To ¥60.00
Mar 28Nissin (TSE:9066) Is Increasing Its Dividend To ¥60.00
Mar 12Financial Position Analysis
Short Term Liabilities: 9066's short term assets (¥68.1B) exceed its short term liabilities (¥44.5B).
Long Term Liabilities: 9066's short term assets (¥68.1B) exceed its long term liabilities (¥32.6B).
Debt to Equity History and Analysis
Debt Level: 9066's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: 9066's debt to equity ratio has reduced from 39.6% to 33.9% over the past 5 years.
Debt Coverage: 9066's debt is well covered by operating cash flow (35.6%).
Interest Coverage: 9066 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 | 2025/01/23 02:13 |
| End of Day Share Price | 2025/01/23 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
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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
Nissin Corporation is covered by 3 analysts. 0 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 | Company Forecast |
| Yumiko Kai | Ichiyoshi Research Institute Inc. |
| Yogesh Pathak | Virtua Research Inc. |