Nippon Sheet Glass Company Balance Sheet Health
Financial Health criteria checks 2/6
Nippon Sheet Glass Company has a total shareholder equity of ¥141.3B and total debt of ¥530.2B, which brings its debt-to-equity ratio to 375.1%. Its total assets and total liabilities are ¥981.2B and ¥839.9B respectively. Nippon Sheet Glass Company's EBIT is ¥20.3B making its interest coverage ratio 0.8. It has cash and short-term investments of ¥49.9B.
Key information
375.1%
Debt to equity ratio
JP¥530.15b
Debt
| Interest coverage ratio | 0.8x |
| Cash | JP¥49.87b |
| Equity | JP¥141.35b |
| Total liabilities | JP¥839.90b |
| Total assets | JP¥981.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPSG.Y's short term assets (¥307.3B) do not cover its short term liabilities (¥335.4B).
Long Term Liabilities: NPSG.Y's short term assets (¥307.3B) do not cover its long term liabilities (¥504.5B).
Debt to Equity History and Analysis
Debt Level: NPSG.Y's net debt to equity ratio (339.8%) is considered high.
Reducing Debt: NPSG.Y's debt to equity ratio has reduced from 425.6% to 375.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NPSG.Y has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NPSG.Y has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.