Nippon Paper Industries Balance Sheet Health
Financial Health criteria checks 1/6
Nippon Paper Industries has a total shareholder equity of ¥495.6B and total debt of ¥864.3B, which brings its debt-to-equity ratio to 174.4%. Its total assets and total liabilities are ¥1,731.2B and ¥1,235.6B respectively. Nippon Paper Industries's EBIT is ¥17.3B making its interest coverage ratio 2.2. It has cash and short-term investments of ¥164.9B.
Key information
174.4%
Debt to equity ratio
JP¥864.26b
Debt
| Interest coverage ratio | 2.2x |
| Cash | JP¥164.86b |
| Equity | JP¥495.65b |
| Total liabilities | JP¥1.24t |
| Total assets | JP¥1.73t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIJP.F's short term assets (¥638.6B) exceed its short term liabilities (¥494.8B).
Long Term Liabilities: NIJP.F's short term assets (¥638.6B) do not cover its long term liabilities (¥740.8B).
Debt to Equity History and Analysis
Debt Level: NIJP.F's net debt to equity ratio (141.1%) is considered high.
Reducing Debt: NIJP.F's debt to equity ratio has increased from 173.4% to 174.4% over the past 5 years.
Debt Coverage: NIJP.F's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: NIJP.F's interest payments on its debt are not well covered by EBIT (2.2x coverage).