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Nikon Corporation (NINOY)
OTHER OTC:NINOY
US Market
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Nikon (NINOY) Ratios

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Nikon Ratios

NINOY's free cash flow for Q4 2025 was ¥0.40. For the 2025 fiscal year, NINOY's free cash flow was decreased by ¥ and operating cash flow was ¥0.04. See a summary of the company’s cash flow.
Ratios
TTM
Mar 25Mar 24Mar 23Mar 22
Liquidity Ratios
Current Ratio
2.03 2.02 2.23 2.28 2.12
Quick Ratio
1.02 1.16 1.23 1.51 1.38
Cash Ratio
0.54 0.63 0.76 1.18 1.11
Solvency Ratio
0.11 0.15 0.17 0.15 -0.01
Operating Cash Flow Ratio
0.16 0.09 <0.01 0.10 0.02
Short-Term Operating Cash Flow Coverage
0.68 0.35 <0.01 0.84 0.17
Net Current Asset Value
¥ 148.93B¥ 205.32B¥ 185.96B¥ 274.61B¥ 224.84B
Leverage Ratios
Debt-to-Assets Ratio
0.17 0.15 0.15 0.15 0.15
Debt-to-Equity Ratio
0.30 0.24 0.26 0.26 0.27
Debt-to-Capital Ratio
0.23 0.20 0.20 0.20 0.22
Long-Term Debt-to-Capital Ratio
0.16 0.10 0.15 0.13 0.16
Financial Leverage Ratio
1.74 1.68 1.71 1.74 1.84
Debt Service Coverage Ratio
0.61 0.70 2.57 1.45 -0.14
Interest Coverage Ratio
2.03 5.36 27.98 34.37 -17.69
Debt to Market Cap
0.41 0.31 0.28 0.27 0.35
Interest Debt Per Share
601.95 503.90 447.10 420.62 406.02
Net Debt to EBITDA
0.64 -0.51 -0.61 -3.06 13.54
Profitability Margins
Gross Profit Margin
43.61%43.23%44.22%41.88%32.19%
EBIT Margin
0.37%7.04%10.03%11.26%-9.55%
EBITDA Margin
6.55%10.84%13.82%13.16%-3.34%
Operating Profit Margin
2.08%5.85%9.23%8.64%-5.64%
Pretax Profit Margin
0.27%5.95%8.68%10.36%-10.49%
Net Profit Margin
0.86%4.54%7.16%7.91%-7.65%
Continuous Operations Profit Margin
0.49%4.48%6.89%7.83%-7.65%
Net Income Per EBT
317.91%76.33%82.44%76.37%72.91%
EBT Per EBIT
12.96%101.61%94.08%119.91%186.01%
Return on Assets (ROA)
0.55%2.84%4.28%4.11%-3.49%
Return on Equity (ROE)
0.91%4.76%7.31%7.14%-6.42%
Return on Capital Employed (ROCE)
1.85%5.14%7.50%6.42%-3.79%
Return on Invested Capital (ROIC)
3.09%3.49%5.42%4.49%-2.80%
Return on Tangible Assets
0.65%3.29%4.93%4.31%-3.65%
Earnings Yield
1.29%6.06%9.24%8.98%-9.03%
Efficiency Ratios
Receivables Turnover
5.70 5.13 5.50 5.96 6.19
Payables Turnover
4.91 4.87 5.15 4.81 5.05
Inventory Turnover
1.31 1.43 1.26 1.31 1.30
Fixed Asset Turnover
4.33 4.54 5.03 4.85 4.58
Asset Turnover
0.64 0.63 0.60 0.52 0.46
Working Capital Turnover Ratio
2.15 2.12 1.70 1.42 1.28
Cash Conversion Cycle
267.94 251.91 284.38 263.51 267.90
Days of Sales Outstanding
64.01 71.21 66.39 61.26 58.97
Days of Inventory Outstanding
278.32 255.68 288.85 278.08 281.24
Days of Payables Outstanding
74.39 74.98 70.87 75.83 72.31
Operating Cycle
342.33 326.88 355.24 339.34 340.21
Cash Flow Ratios
Operating Cash Flow Per Share
144.59 88.82 0.04 85.38 13.53
Free Cash Flow Per Share
-11.70 -70.58 -92.14 20.50 -49.39
CapEx Per Share
156.29 159.41 92.18 64.88 62.92
Free Cash Flow to Operating Cash Flow
-0.08 -0.79 -2.20K 0.24 -3.65
Dividend Paid and CapEx Coverage Ratio
0.69 0.42 <0.01 0.90 0.16
Capital Expenditure Coverage Ratio
0.93 0.56 <0.01 1.32 0.21
Operating Cash Flow Coverage Ratio
0.25 0.18 <0.01 0.20 0.03
Operating Cash Flow to Sales Ratio
0.07 0.04 <0.01 0.06 0.01
Free Cash Flow Yield
-0.83%-4.55%-6.79%1.58%-4.75%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
78.25 16.50 10.82 11.14 -11.07
Price-to-Sales (P/S) Ratio
0.66 0.75 0.77 0.88 0.85
Price-to-Book (P/B) Ratio
0.75 0.79 0.79 0.80 0.71
Price-to-Free Cash Flow (P/FCF) Ratio
-120.88 -21.98 -14.74 63.16 -21.06
Price-to-Operating Cash Flow Ratio
9.93 17.46 32.43K 15.16 76.91
Price-to-Earnings Growth (PEG) Ratio
-1.40 -0.66 1.36 -0.05 0.02
Price-to-Fair Value
0.75 0.79 0.79 0.80 0.71
Enterprise Value Multiple
10.72 6.40 4.99 3.64 -11.79
Enterprise Value
497.90B 497.40B 433.17B 258.13B 177.78B
EV to EBITDA
10.63 6.40 4.99 3.64 -11.79
EV to Sales
0.70 0.69 0.69 0.48 0.39
EV to Free Cash Flow
-127.50 -20.35 -13.12 34.30 -9.80
EV to Operating Cash Flow
10.32 16.17 28.88K 8.23 35.80
Tangible Book Value Per Share
1.92K 1.52K 1.34K 1.50K 1.35K
Shareholders’ Equity Per Share
1.91K 1.97K 1.72K 1.63K 1.46K
Tax and Other Ratios
Effective Tax Rate
-0.83 0.25 0.25 0.27 0.23
Revenue Per Share
2.14K 2.07K 1.75K 1.47K 1.23K
Net Income Per Share
18.35 94.03 125.46 116.23 -93.96
Tax Burden
3.18 0.76 0.82 0.76 0.73
Interest Burden
0.73 0.84 0.87 0.92 1.10
Research & Development to Revenue
0.00 0.11 0.11 0.11 0.13
SG&A to Revenue
0.00 0.22 0.37 0.35 0.40
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00 0.00
Income Quality
7.88 0.94 <0.01 0.73 -0.14
Currency in JPY
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