NIKKON HoldingsLtd Balance Sheet Health
Financial Health criteria checks 5/6
NIKKON HoldingsLtd has a total shareholder equity of ¥236.2B and total debt of ¥85.9B, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are ¥376.3B and ¥140.2B respectively. NIKKON HoldingsLtd's EBIT is ¥21.1B making its interest coverage ratio -25.7. It has cash and short-term investments of ¥40.0B.
Key information
36.4%
Debt to equity ratio
JP¥85.92b
Debt
Interest coverage ratio | -25.7x |
Cash | JP¥40.01b |
Equity | JP¥236.17b |
Total liabilities | JP¥140.15b |
Total assets | JP¥376.33b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9072's short term assets (¥84.9B) exceed its short term liabilities (¥58.1B).
Long Term Liabilities: 9072's short term assets (¥84.9B) exceed its long term liabilities (¥82.1B).
Debt to Equity History and Analysis
Debt Level: 9072's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: 9072's debt to equity ratio has increased from 30.9% to 36.4% over the past 5 years.
Debt Coverage: 9072's debt is well covered by operating cash flow (41.2%).
Interest Coverage: 9072 earns more interest than it pays, so coverage of interest payments is not a concern.