Nichiban Balance Sheet Health
Financial Health criteria checks 6/6
Nichiban has a total shareholder equity of ¥38.5B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are ¥64.6B and ¥26.1B respectively. Nichiban's EBIT is ¥2.0B making its interest coverage ratio 186.2. It has cash and short-term investments of ¥14.8B.
Key information
5.2%
Debt to equity ratio
JP¥2.00b
Debt
| Interest coverage ratio | 186.2x |
| Cash | JP¥14.78b |
| Equity | JP¥38.49b |
| Total liabilities | JP¥26.13b |
| Total assets | JP¥64.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NHBA.F's short term assets (¥35.9B) exceed its short term liabilities (¥16.9B).
Long Term Liabilities: NHBA.F's short term assets (¥35.9B) exceed its long term liabilities (¥9.3B).
Debt to Equity History and Analysis
Debt Level: NHBA.F has more cash than its total debt.
Reducing Debt: NHBA.F's debt to equity ratio has reduced from 5.2% to 5.2% over the past 5 years.
Debt Coverage: NHBA.F's debt is well covered by operating cash flow (203.2%).
Interest Coverage: NHBA.F's interest payments on its debt are well covered by EBIT (186.2x coverage).