Nippon Carbon Balance Sheet Health
Financial Health criteria checks 6/6
Nippon Carbon has a total shareholder equity of ¥55.7B and total debt of ¥8.7B, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are ¥75.6B and ¥19.9B respectively. Nippon Carbon's EBIT is ¥5.0B making its interest coverage ratio -44.6. It has cash and short-term investments of ¥15.7B.
Key information
15.6%
Debt to equity ratio
JP¥8.67b
Debt
| Interest coverage ratio | -44.6x |
| Cash | JP¥15.65b |
| Equity | JP¥55.67b |
| Total liabilities | JP¥19.94b |
| Total assets | JP¥75.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCRB.F's short term assets (¥46.3B) exceed its short term liabilities (¥17.4B).
Long Term Liabilities: NCRB.F's short term assets (¥46.3B) exceed its long term liabilities (¥2.5B).
Debt to Equity History and Analysis
Debt Level: NCRB.F has more cash than its total debt.
Reducing Debt: NCRB.F's debt to equity ratio has reduced from 37.5% to 15.6% over the past 5 years.
Debt Coverage: NCRB.F's debt is well covered by operating cash flow (56%).
Interest Coverage: NCRB.F earns more interest than it pays, so coverage of interest payments is not a concern.