Nippon Electric Glass Balance Sheet Health
Financial Health criteria checks 3/6
Nippon Electric Glass has a total shareholder equity of ¥490.1B and total debt of ¥118.3B, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are ¥703.9B and ¥213.8B respectively.
Key information
24.1%
Debt to equity ratio
JP¥118.34b
Debt
Interest coverage ratio | n/a |
Cash | JP¥75.40b |
Equity | JP¥490.13b |
Total liabilities | JP¥213.79b |
Total assets | JP¥703.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPEG.F's short term assets (¥253.1B) exceed its short term liabilities (¥109.0B).
Long Term Liabilities: NPEG.F's short term assets (¥253.1B) exceed its long term liabilities (¥104.7B).
Debt to Equity History and Analysis
Debt Level: NPEG.F's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: NPEG.F's debt to equity ratio has increased from 21.1% to 24.1% over the past 5 years.
Debt Coverage: NPEG.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NPEG.F's interest payments on its debt are well covered by EBIT.