Nippon Kayaku Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Kayaku has a total shareholder equity of ¥275.7B and total debt of ¥31.4B, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are ¥375.5B and ¥99.8B respectively. Nippon Kayaku's EBIT is ¥10.6B making its interest coverage ratio -6. It has cash and short-term investments of ¥63.9B.
Key information
11.4%
Debt to equity ratio
JP¥31.40b
Debt
| Interest coverage ratio | -6x |
| Cash | JP¥63.88b |
| Equity | JP¥275.69b |
| Total liabilities | JP¥99.84b |
| Total assets | JP¥375.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPKY.F's short term assets (¥209.5B) exceed its short term liabilities (¥65.8B).
Long Term Liabilities: NPKY.F's short term assets (¥209.5B) exceed its long term liabilities (¥34.1B).
Debt to Equity History and Analysis
Debt Level: NPKY.F has more cash than its total debt.
Reducing Debt: NPKY.F's debt to equity ratio has increased from 5.8% to 11.4% over the past 5 years.
Debt Coverage: NPKY.F's debt is well covered by operating cash flow (74%).
Interest Coverage: NPKY.F earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/10/27 10:10 |
| End of Day Share Price | 2024/07/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nippon Kayaku Co., Ltd. is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yoshinaga Toshiaki | Aizawa Securities Co. Ltd. |
| Joshua Bennison | CLSA |
| Masami Sawato | Credit Suisse |