NIKKON HoldingsLtd Balance Sheet Health
Financial Health criteria checks 5/6
NIKKON HoldingsLtd has a total shareholder equity of ¥246.5B and total debt of ¥105.8B, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are ¥417.2B and ¥170.7B respectively. NIKKON HoldingsLtd's EBIT is ¥21.1B making its interest coverage ratio -21.5. It has cash and short-term investments of ¥49.7B.
Key information
42.9%
Debt to equity ratio
JP¥105.81b
Debt
| Interest coverage ratio | -21.5x |
| Cash | JP¥49.72b |
| Equity | JP¥246.52b |
| Total liabilities | JP¥170.69b |
| Total assets | JP¥417.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIPK.F's short term assets (¥96.7B) exceed its short term liabilities (¥77.8B).
Long Term Liabilities: NIPK.F's short term assets (¥96.7B) exceed its long term liabilities (¥92.9B).
Debt to Equity History and Analysis
Debt Level: NIPK.F's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: NIPK.F's debt to equity ratio has increased from 31.3% to 42.9% over the past 5 years.
Debt Coverage: NIPK.F's debt is well covered by operating cash flow (29.4%).
Interest Coverage: NIPK.F earns more interest than it pays, so coverage of interest payments is not a concern.