Nippon Ceramic Balance Sheet Health
Financial Health criteria checks 5/6
Nippon Ceramic has a total shareholder equity of ¥52.9B and total debt of ¥40.0M, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are ¥59.3B and ¥6.4B respectively. Nippon Ceramic's EBIT is ¥4.6B making its interest coverage ratio -9.8. It has cash and short-term investments of ¥32.8B.
Key information
0.08%
Debt to equity ratio
JP¥40.00m
Debt
| Interest coverage ratio | -9.8x |
| Cash | JP¥32.82b |
| Equity | JP¥52.93b |
| Total liabilities | JP¥6.37b |
| Total assets | JP¥59.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPPR.F's short term assets (¥46.8B) exceed its short term liabilities (¥5.2B).
Long Term Liabilities: NPPR.F's short term assets (¥46.8B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: NPPR.F has more cash than its total debt.
Reducing Debt: NPPR.F's debt to equity ratio has increased from 0.05% to 0.08% over the past 5 years.
Debt Coverage: NPPR.F's debt is well covered by operating cash flow (17667.5%).
Interest Coverage: NPPR.F earns more interest than it pays, so coverage of interest payments is not a concern.