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
CashJP¥26.44b
EquityJP¥90.28b
Total liabilitiesJP¥77.10b
Total assetsJP¥167.37b

Recent financial health updates

No updates

Recent updates

Nissin (TSE:9066) Has Announced A Dividend Of ¥100.00

Dec 06
Nissin (TSE:9066) Has Announced A Dividend Of ¥100.00

There May Be Underlying Issues With The Quality Of Nissin's (TSE:9066) Earnings

Nov 19
There May Be Underlying Issues With The Quality Of Nissin's (TSE:9066) Earnings

Nissin (TSE:9066) Will Pay A Larger Dividend Than Last Year At ¥100.00

Sep 20
Nissin (TSE:9066) Will Pay A Larger Dividend Than Last Year At ¥100.00

Nissin (TSE:9066) Has Some Way To Go To Become A Multi-Bagger

Aug 13
Nissin (TSE:9066) Has Some Way To Go To Become A Multi-Bagger

Nissin's (TSE:9066) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 26
Nissin's (TSE:9066) Shareholders Will Receive A Bigger Dividend Than Last Year

Nissin's (TSE:9066) Dividend Will Be Increased To ¥100.00

Jul 11
Nissin's (TSE:9066) Dividend Will Be Increased To ¥100.00

Earnings Troubles May Signal Larger Issues for Nissin (TSE:9066) Shareholders

May 21
Earnings Troubles May Signal Larger Issues for Nissin (TSE:9066) Shareholders

Further Upside For Nissin Corporation (TSE:9066) Shares Could Introduce Price Risks After 44% Bounce

May 14
Further Upside For Nissin Corporation (TSE:9066) Shares Could Introduce Price Risks After 44% Bounce

Nissin (TSE:9066) Has Announced That It Will Be Increasing Its Dividend To ¥60.00

Mar 28
Nissin (TSE:9066) Has Announced That It Will Be Increasing Its Dividend To ¥60.00

Nissin (TSE:9066) Is Increasing Its Dividend To ¥60.00

Mar 12
Nissin (TSE:9066) Is Increasing Its Dividend To ¥60.00

Financial 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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