Nisshin Seifun Group Balance Sheet Health
Financial Health criteria checks 5/6
Nisshin Seifun Group has a total shareholder equity of ¥484.7B and total debt of ¥42.6B, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are ¥766.4B and ¥281.7B respectively. Nisshin Seifun Group's EBIT is ¥42.4B making its interest coverage ratio 88.9. It has cash and short-term investments of ¥89.7B.
Key information
8.8%
Debt to equity ratio
JP¥42.61b
Debt
| Interest coverage ratio | 88.9x |
| Cash | JP¥89.71b |
| Equity | JP¥484.68b |
| Total liabilities | JP¥281.74b |
| Total assets | JP¥766.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NSFM.F's short term assets (¥343.7B) exceed its short term liabilities (¥146.8B).
Long Term Liabilities: NSFM.F's short term assets (¥343.7B) exceed its long term liabilities (¥134.9B).
Debt to Equity History and Analysis
Debt Level: NSFM.F has more cash than its total debt.
Reducing Debt: NSFM.F's debt to equity ratio has increased from 4.5% to 8.8% over the past 5 years.
Debt Coverage: NSFM.F's debt is well covered by operating cash flow (138.5%).
Interest Coverage: NSFM.F's interest payments on its debt are well covered by EBIT (88.9x coverage).