Nippon Gas Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Gas has a total shareholder equity of ¥65.3B and total debt of ¥37.2B, which brings its debt-to-equity ratio to 57%. Its total assets and total liabilities are ¥142.4B and ¥77.1B respectively. Nippon Gas's EBIT is ¥14.8B making its interest coverage ratio 78.1. It has cash and short-term investments of ¥13.4B.
Key information
57.0%
Debt to equity ratio
JP¥37.21b
Debt
| Interest coverage ratio | 78.1x |
| Cash | JP¥13.41b |
| Equity | JP¥65.27b |
| Total liabilities | JP¥77.12b |
| Total assets | JP¥142.39b |
Recent financial health updates
Recent updates
Nippon Gas (TSE:8174) Has Announced A Dividend Of ¥46.25
Dec 19
Nippon Gas (TSE:8174) Will Pay A Dividend Of ¥46.25
Dec 05Nippon Gas (TSE:8174) Is Due To Pay A Dividend Of ¥46.25
Nov 20Investors Can Find Comfort In Nippon Gas' (TSE:8174) Earnings Quality
Nov 05Shareholders Should Be Pleased With Nippon Gas Co., Ltd.'s (TSE:8174) Price
Oct 27Returns On Capital Are Showing Encouraging Signs At Nippon Gas (TSE:8174)
Oct 11Nippon Gas (TSE:8174) Is Paying Out A Larger Dividend Than Last Year
Sep 04Nippon Gas' (TSE:8174) Upcoming Dividend Will Be Larger Than Last Year's
Aug 21Nippon Gas' (TSE:8174) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 25Nippon Gas (TSE:8174) Is Increasing Its Dividend To ¥46.25
Jul 11Nippon Gas' (TSE:8174) Earnings Offer More Than Meets The Eye
May 07Nippon Gas Co., Ltd.'s (TSE:8174) Price Is Out Of Tune With Earnings
Apr 17Nippon Gas (TSE:8174) Will Pay A Dividend Of ¥37.50
Mar 14Is Nippon Gas (TSE:8174) Using Too Much Debt?
Mar 05Financial Position Analysis
Short Term Liabilities: 8174's short term assets (¥41.6B) exceed its short term liabilities (¥41.2B).
Long Term Liabilities: 8174's short term assets (¥41.6B) exceed its long term liabilities (¥35.9B).
Debt to Equity History and Analysis
Debt Level: 8174's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: 8174's debt to equity ratio has reduced from 65.1% to 57% over the past 5 years.
Debt Coverage: 8174's debt is well covered by operating cash flow (60.6%).
Interest Coverage: 8174's interest payments on its debt are well covered by EBIT (78.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 14:55 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 Gas Co., Ltd. is covered by 9 analysts. 4 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 |
|---|---|
| Syusaku Nishikawa | Daiwa Securities Co. Ltd. |
| Hiroyuki Sakaida | Goldman Sachs |
| Hideshiro Kagita | J.P. Morgan |