Nihon Parkerizing Balance Sheet Health
Financial Health criteria checks 6/6
Nihon Parkerizing has a total shareholder equity of ¥219.9B and total debt of ¥700.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥269.8B and ¥49.9B respectively. Nihon Parkerizing's EBIT is ¥15.3B making its interest coverage ratio -10.7. It has cash and short-term investments of ¥90.6B.
Key information
0.3%
Debt to equity ratio
JP¥700.00m
Debt
Interest coverage ratio | -10.7x |
Cash | JP¥90.62b |
Equity | JP¥219.88b |
Total liabilities | JP¥49.94b |
Total assets | JP¥269.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NHPC.F's short term assets (¥146.5B) exceed its short term liabilities (¥38.7B).
Long Term Liabilities: NHPC.F's short term assets (¥146.5B) exceed its long term liabilities (¥11.2B).
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 1.2% 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.