Nisshin OilliO GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Nisshin OilliO GroupLtd has a total shareholder equity of ¥171.4B and total debt of ¥105.8B, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are ¥374.5B and ¥203.0B respectively. Nisshin OilliO GroupLtd's EBIT is ¥16.2B making its interest coverage ratio 41.8. It has cash and short-term investments of ¥13.0B.
Key information
61.7%
Debt to equity ratio
JP¥105.81b
Debt
| Interest coverage ratio | 41.8x |
| Cash | JP¥13.04b |
| Equity | JP¥171.42b |
| Total liabilities | JP¥203.04b |
| Total assets | JP¥374.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NSOM.F's short term assets (¥233.6B) exceed its short term liabilities (¥115.6B).
Long Term Liabilities: NSOM.F's short term assets (¥233.6B) exceed its long term liabilities (¥87.4B).
Debt to Equity History and Analysis
Debt Level: NSOM.F's net debt to equity ratio (54.1%) is considered high.
Reducing Debt: NSOM.F's debt to equity ratio has increased from 43.6% to 61.7% over the past 5 years.
Debt Coverage: NSOM.F's debt is not well covered by operating cash flow (0.4%).
Interest Coverage: NSOM.F's interest payments on its debt are well covered by EBIT (41.8x coverage).