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 ratio | 345.8x |
| Cash | JP¥10.43b |
| Equity | JP¥18.75b |
| Total liabilities | JP¥7.82b |
| Total assets | JP¥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).