Nippon Telegraph and Telephone Balance Sheet Health
Financial Health criteria checks 2/6
Nippon Telegraph and Telephone has a total shareholder equity of ¥10,120.6B and total debt of ¥9,665.7B, which brings its debt-to-equity ratio to 95.5%. Its total assets and total liabilities are ¥27,244.7B and ¥17,124.1B respectively. Nippon Telegraph and Telephone's EBIT is ¥1,794.3B making its interest coverage ratio -70. It has cash and short-term investments of ¥1,053.3B.
Key information
95.5%
Debt to equity ratio
JP¥9.67t
Debt
| Interest coverage ratio | -70x |
| Cash | JP¥1.05t |
| Equity | JP¥10.12t |
| Total liabilities | JP¥17.12t |
| Total assets | JP¥27.24t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPPX.F's short term assets (¥7,224.9B) do not cover its short term liabilities (¥7,375.4B).
Long Term Liabilities: NPPX.F's short term assets (¥7,224.9B) do not cover its long term liabilities (¥9,748.7B).
Debt to Equity History and Analysis
Debt Level: NPPX.F's net debt to equity ratio (85.1%) is considered high.
Reducing Debt: NPPX.F's debt to equity ratio has increased from 38.9% to 95.5% over the past 5 years.
Debt Coverage: NPPX.F's debt is well covered by operating cash flow (26.5%).
Interest Coverage: NPPX.F earns more interest than it pays, so coverage of interest payments is not a concern.