NSK Balance Sheet Health
Financial Health criteria checks 5/6
NSK has a total shareholder equity of ¥639.4B and total debt of ¥354.9B, which brings its debt-to-equity ratio to 55.5%. Its total assets and total liabilities are ¥1,257.9B and ¥618.4B respectively. NSK's EBIT is ¥32.3B making its interest coverage ratio 20.5. It has cash and short-term investments of ¥161.6B.
Key information
55.5%
Debt to equity ratio
JP¥354.92b
Debt
Interest coverage ratio | 20.5x |
Cash | JP¥161.56b |
Equity | JP¥639.43b |
Total liabilities | JP¥618.45b |
Total assets | JP¥1.26t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPSK.F's short term assets (¥657.8B) exceed its short term liabilities (¥294.5B).
Long Term Liabilities: NPSK.F's short term assets (¥657.8B) exceed its long term liabilities (¥324.0B).
Debt to Equity History and Analysis
Debt Level: NPSK.F's net debt to equity ratio (30.2%) is considered satisfactory.
Reducing Debt: NPSK.F's debt to equity ratio has increased from 45.8% to 55.5% over the past 5 years.
Debt Coverage: NPSK.F's debt is well covered by operating cash flow (32.9%).
Interest Coverage: NPSK.F's interest payments on its debt are well covered by EBIT (20.5x coverage).