Nihon Parkerizing Balance Sheet Health
Financial Health criteria checks 6/6
Nihon Parkerizing has a total shareholder equity of ¥223.1B and total debt of ¥700.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥266.9B and ¥43.8B respectively. Nihon Parkerizing's EBIT is ¥15.7B making its interest coverage ratio -9.6. It has cash and short-term investments of ¥88.4B.
Key information
0.3%
Debt to equity ratio
JP¥700.00m
Debt
| Interest coverage ratio | -9.6x |
| Cash | JP¥88.45b |
| Equity | JP¥223.07b |
| Total liabilities | JP¥43.84b |
| Total assets | JP¥266.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NHPC.F's short term assets (¥142.7B) exceed its short term liabilities (¥32.8B).
Long Term Liabilities: NHPC.F's short term assets (¥142.7B) exceed its long term liabilities (¥11.1B).
Debt to Equity History and Analysis
Debt Level: NHPC.F has more cash than its total debt.
Reducing Debt: NHPC.F's debt to equity ratio has reduced from 1.1% to 0.3% over the past 5 years.
Debt Coverage: NHPC.F's debt is well covered by operating cash flow (3253.7%).
Interest Coverage: NHPC.F earns more interest than it pays, so coverage of interest payments is not a concern.