Nippon Telegraph and Telephone Balance Sheet Health
Financial Health criteria checks 3/6
Nippon Telegraph and Telephone has a total shareholder equity of ¥10,220.2B and total debt of ¥9,117.9B, which brings its debt-to-equity ratio to 89.2%. Its total assets and total liabilities are ¥26,813.6B and ¥16,593.4B respectively. Nippon Telegraph and Telephone's EBIT is ¥1,783.4B making its interest coverage ratio -60.7. It has cash and short-term investments of ¥832.0B.
Key information
89.2%
Debt to equity ratio
JP¥9.12t
Debt
Interest coverage ratio | -60.7x |
Cash | JP¥832.04b |
Equity | JP¥10.22t |
Total liabilities | JP¥16.59t |
Total assets | JP¥26.81t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTT1 N's short term assets (¥6,925.6B) exceed its short term liabilities (¥6,725.6B).
Long Term Liabilities: NTT1 N's short term assets (¥6,925.6B) do not cover its long term liabilities (¥9,867.9B).
Debt to Equity History and Analysis
Debt Level: NTT1 N's net debt to equity ratio (81.1%) is considered high.
Reducing Debt: NTT1 N's debt to equity ratio has increased from 33.7% to 89.2% over the past 5 years.
Debt Coverage: NTT1 N's debt is well covered by operating cash flow (25%).
Interest Coverage: NTT1 N earns more interest than it pays, so coverage of interest payments is not a concern.