Nippon Express HoldingsInc Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Express HoldingsInc has a total shareholder equity of ¥829.2B and total debt of ¥322.3B, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are ¥2,182.7B and ¥1,353.5B respectively. Nippon Express HoldingsInc's EBIT is ¥52.9B making its interest coverage ratio -15.2. It has cash and short-term investments of ¥298.1B.
Key information
38.9%
Debt to equity ratio
JP¥322.25b
Debt
| Interest coverage ratio | -15.2x |
| Cash | JP¥298.14b |
| Equity | JP¥829.20b |
| Total liabilities | JP¥1.35t |
| Total assets | JP¥2.18t |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9147's short term assets (¥837.8B) exceed its short term liabilities (¥652.7B).
Long Term Liabilities: 9147's short term assets (¥837.8B) exceed its long term liabilities (¥700.8B).
Debt to Equity History and Analysis
Debt Level: 9147's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: 9147's debt to equity ratio has reduced from 68.8% to 38.9% over the past 5 years.
Debt Coverage: 9147's debt is well covered by operating cash flow (67%).
Interest Coverage: 9147 earns more interest than it pays, so coverage of interest payments is not a concern.