Nippn Balance Sheet Health
Financial Health criteria checks 6/6
Nippn has a total shareholder equity of ¥202.6B and total debt of ¥64.5B, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are ¥352.6B and ¥150.1B respectively. Nippn's EBIT is ¥15.2B making its interest coverage ratio -8.5. It has cash and short-term investments of ¥31.2B.
Key information
31.8%
Debt to equity ratio
JP¥64.50b
Debt
| Interest coverage ratio | -8.5x |
| Cash | JP¥31.16b |
| Equity | JP¥202.57b |
| Total liabilities | JP¥150.05b |
| Total assets | JP¥352.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPFU.F's short term assets (¥139.3B) exceed its short term liabilities (¥75.1B).
Long Term Liabilities: NPFU.F's short term assets (¥139.3B) exceed its long term liabilities (¥74.9B).
Debt to Equity History and Analysis
Debt Level: NPFU.F's net debt to equity ratio (16.5%) is considered satisfactory.
Reducing Debt: NPFU.F's debt to equity ratio has reduced from 40.7% to 31.8% over the past 5 years.
Debt Coverage: NPFU.F's debt is well covered by operating cash flow (23.3%).
Interest Coverage: NPFU.F earns more interest than it pays, so coverage of interest payments is not a concern.