Nikon Balance Sheet Health
Financial Health criteria checks 5/6
Nikon has a total shareholder equity of ¥618.4B and total debt of ¥134.0B, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are ¥1,050.3B and ¥431.9B respectively. Nikon's EBIT is ¥61.3B making its interest coverage ratio 156.3. It has cash and short-term investments of ¥211.3B.
Key information
21.7%
Debt to equity ratio
JP¥134.02b
Debt
Interest coverage ratio | 156.3x |
Cash | JP¥211.34b |
Equity | JP¥618.35b |
Total liabilities | JP¥431.92b |
Total assets | JP¥1.05t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIKON N's short term assets (¥617.9B) exceed its short term liabilities (¥277.3B).
Long Term Liabilities: NIKON N's short term assets (¥617.9B) exceed its long term liabilities (¥154.6B).
Debt to Equity History and Analysis
Debt Level: NIKON N has more cash than its total debt.
Reducing Debt: NIKON N's debt to equity ratio has reduced from 21.9% to 21.7% over the past 5 years.
Debt Coverage: NIKON N's debt is not well covered by operating cash flow (0.01%).
Interest Coverage: NIKON N's interest payments on its debt are well covered by EBIT (156.3x coverage).