Nippon Express Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Express Holdings has a total shareholder equity of ¥811.0B and total debt of ¥335.5B, which brings its debt-to-equity ratio to 41.4%. Its total assets and total liabilities are ¥2,196.6B and ¥1,385.6B respectively. Nippon Express Holdings's EBIT is ¥57.7B making its interest coverage ratio 104. It has cash and short-term investments of ¥200.4B.
Key information
41.4%
Debt to equity ratio
JP¥335.49b
Debt
| Interest coverage ratio | 104x |
| Cash | JP¥200.43b |
| Equity | JP¥810.99b |
| Total liabilities | JP¥1.39t |
| Total assets | JP¥2.20t |
Recent financial health updates
Nippon Express HoldingsInc (TSE:9147) Takes On Some Risk With Its Use Of Debt
Nov 14
Is Nippon Express HoldingsInc (TSE:9147) A Risky Investment?
Aug 08Recent updates
Nippon Express HoldingsInc's (TSE:9147) Earnings May Just Be The Starting Point
Nov 20Nippon Express Holdings,Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Nov 17Nippon Express HoldingsInc (TSE:9147) Takes On Some Risk With Its Use Of Debt
Nov 14There Are Reasons To Feel Uneasy About Nippon Express HoldingsInc's (TSE:9147) Returns On Capital
Sep 28Investors Interested In Nippon Express Holdings,Inc.'s (TSE:9147) Earnings
Sep 06Is Nippon Express HoldingsInc (TSE:9147) A Risky Investment?
Aug 08Returns On Capital At Nippon Express HoldingsInc (TSE:9147) Paint A Concerning Picture
May 25Getting In Cheap On Nippon Express Holdings,Inc. (TSE:9147) Might Be Difficult
May 03Financial Position Analysis
Short Term Liabilities: 9147's short term assets (¥844.4B) exceed its short term liabilities (¥699.9B).
Long Term Liabilities: 9147's short term assets (¥844.4B) exceed its long term liabilities (¥685.7B).
Debt to Equity History and Analysis
Debt Level: 9147's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: 9147's debt to equity ratio has reduced from 68.4% to 41.4% over the past 5 years.
Debt Coverage: 9147's debt is well covered by operating cash flow (58.9%).
Interest Coverage: 9147's interest payments on its debt are well covered by EBIT (104x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 07:29 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Nippon Express Holdings, Inc. is covered by 27 analysts. 9 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 |
|---|---|
| Ryota Himeno | Barclays |
| Yasuhito Tsuchiya | BofA Global Research |
| Ryota Himeno | Citigroup Inc |