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).