Nippon Concept Corporation

TSE:9386 Stock Report

Market Cap: JP¥26.4b

Nippon Concept Balance Sheet Health

Financial Health criteria checks 6/6

Nippon Concept has a total shareholder equity of ¥18.8B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are ¥26.6B and ¥7.8B respectively. Nippon Concept's EBIT is ¥2.8B making its interest coverage ratio 345.8. It has cash and short-term investments of ¥10.4B.

Key information

10.1%

Debt to equity ratio

JP¥1.89b

Debt

Interest coverage ratio345.8x
CashJP¥10.43b
EquityJP¥18.75b
Total liabilitiesJP¥7.82b
Total assetsJP¥26.57b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 9386's short term assets (¥13.1B) exceed its short term liabilities (¥3.4B).

Long Term Liabilities: 9386's short term assets (¥13.1B) exceed its long term liabilities (¥4.4B).


Debt to Equity History and Analysis

Debt Level: 9386 has more cash than its total debt.

Reducing Debt: 9386's debt to equity ratio has reduced from 29.6% to 10.1% over the past 5 years.

Debt Coverage: 9386's debt is well covered by operating cash flow (174.4%).

Interest Coverage: 9386's interest payments on its debt are well covered by EBIT (345.8x coverage).


Balance Sheet


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