Nippon Sheet Glass Company Balance Sheet Health
Financial Health criteria checks 0/6
Nippon Sheet Glass Company has a total shareholder equity of ¥153.8B and total debt of ¥460.0B, which brings its debt-to-equity ratio to 299%. Its total assets and total liabilities are ¥1,007.6B and ¥853.7B respectively. Nippon Sheet Glass Company's EBIT is ¥36.4B making its interest coverage ratio 1.4. It has cash and short-term investments of ¥51.2B.
Key information
299.0%
Debt to equity ratio
JP¥459.99b
Debt
| Interest coverage ratio | 1.4x |
| Cash | JP¥51.18b |
| Equity | JP¥153.84b |
| Total liabilities | JP¥853.75b |
| Total assets | JP¥1.01t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPSG.F's short term assets (¥321.3B) do not cover its short term liabilities (¥369.9B).
Long Term Liabilities: NPSG.F's short term assets (¥321.3B) do not cover its long term liabilities (¥483.9B).
Debt to Equity History and Analysis
Debt Level: NPSG.F's net debt to equity ratio (265.7%) is considered high.
Reducing Debt: NPSG.F's debt to equity ratio has increased from 279.3% to 299% over the past 5 years.
Debt Coverage: NPSG.F's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: NPSG.F's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/08/07 12:06 |
| End of Day Share Price | 2024/05/10 00:00 |
| Earnings | 2024/03/31 |
| 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 Sheet Glass Company, Limited is covered by 20 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 |
|---|---|
| Yuji Fujimori | Barclays |
| Eric Lee | Barclays |
| Kei Rameau | BNP Paribas Securities (Asia) |