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Nikon Corporation (NINOY)
OTHER OTC:NINOY
US Market

Nikon (NINOY) Ratios

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Nikon Ratios

NINOY's free cash flow for Q2 2026 was ¥0.41. For the 2026 fiscal year, NINOY's free cash flow was decreased by ¥ and operating cash flow was ¥-0.02. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
1.89 2.03 2.02 2.23 2.28
Quick Ratio
0.89 1.02 1.16 1.23 1.51
Cash Ratio
0.48 0.54 0.63 0.76 1.18
Solvency Ratio
0.10 0.11 0.15 0.17 0.15
Operating Cash Flow Ratio
0.01 0.16 0.09 <0.01 0.10
Short-Term Operating Cash Flow Coverage
0.04 0.68 0.35 <0.01 0.84
Net Current Asset Value
¥ 139.92B¥ 148.93B¥ 205.32B¥ 185.96B¥ 274.61B
Leverage Ratios
Debt-to-Assets Ratio
0.19 0.17 0.15 0.15 0.15
Debt-to-Equity Ratio
0.34 0.30 0.24 0.26 0.26
Debt-to-Capital Ratio
0.25 0.23 0.20 0.20 0.20
Long-Term Debt-to-Capital Ratio
0.15 0.16 0.10 0.15 0.13
Financial Leverage Ratio
1.77 1.74 1.68 1.71 1.74
Debt Service Coverage Ratio
0.28 0.73 0.70 2.57 1.45
Interest Coverage Ratio
0.40 0.35 5.36 27.98 34.37
Debt to Market Cap
0.35 0.38 0.31 0.28 0.27
Interest Debt Per Share
700.36 585.06 503.90 447.10 420.62
Net Debt to EBITDA
1.76 0.54 -0.51 -0.61 -3.06
Profitability Margins
Gross Profit Margin
41.86%43.61%43.23%44.22%41.88%
EBIT Margin
-1.02%1.61%7.04%10.03%11.26%
EBITDA Margin
5.14%7.79%10.84%13.82%13.16%
Operating Profit Margin
0.41%0.34%5.85%9.23%8.64%
Pretax Profit Margin
-1.00%0.63%5.95%8.68%10.36%
Net Profit Margin
1.22%0.86%4.54%7.16%7.91%
Continuous Operations Profit Margin
1.22%0.86%4.48%6.89%7.83%
Net Income Per EBT
-122.28%135.08%76.33%82.44%76.37%
EBT Per EBIT
-245.42%187.16%101.61%94.08%119.91%
Return on Assets (ROA)
0.74%0.55%2.84%4.28%4.11%
Return on Equity (ROE)
1.31%0.96%4.76%7.31%7.14%
Return on Capital Employed (ROCE)
0.35%0.30%5.14%7.50%6.42%
Return on Invested Capital (ROIC)
0.31%0.28%3.49%5.42%4.49%
Return on Tangible Assets
0.87%0.65%3.29%4.93%4.31%
Earnings Yield
1.33%1.20%6.06%9.24%8.98%
Efficiency Ratios
Receivables Turnover
6.27 5.70 5.13 5.50 5.96
Payables Turnover
5.24 4.91 4.87 5.15 4.81
Inventory Turnover
1.19 1.31 1.43 1.26 1.31
Fixed Asset Turnover
4.10 4.33 4.54 5.03 4.85
Asset Turnover
0.60 0.64 0.63 0.60 0.52
Working Capital Turnover Ratio
2.27 2.20 2.12 1.70 1.42
Cash Conversion Cycle
294.23 267.94 251.91 284.38 263.51
Days of Sales Outstanding
58.19 64.01 71.21 66.39 61.26
Days of Inventory Outstanding
305.75 278.32 255.68 288.85 278.08
Days of Payables Outstanding
69.72 74.39 74.98 70.87 75.83
Operating Cycle
363.94 342.33 326.88 355.24 339.34
Cash Flow Ratios
Operating Cash Flow Per Share
13.27 140.77 88.82 0.04 85.38
Free Cash Flow Per Share
-121.64 -62.43 -70.58 -92.14 20.50
CapEx Per Share
134.91 203.20 159.41 92.18 64.88
Free Cash Flow to Operating Cash Flow
-9.16 -0.44 -0.79 -2.20K 0.24
Dividend Paid and CapEx Coverage Ratio
0.07 0.55 0.42 <0.01 0.90
Capital Expenditure Coverage Ratio
0.10 0.69 0.56 <0.01 1.32
Operating Cash Flow Coverage Ratio
0.02 0.25 0.18 <0.01 0.20
Operating Cash Flow to Sales Ratio
<0.01 0.07 0.04 <0.01 0.06
Free Cash Flow Yield
-6.27%-4.21%-4.55%-6.79%1.58%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
75.00 83.03 16.50 10.82 11.14
Price-to-Sales (P/S) Ratio
0.92 0.71 0.75 0.77 0.88
Price-to-Book (P/B) Ratio
0.98 0.80 0.79 0.79 0.80
Price-to-Free Cash Flow (P/FCF) Ratio
-15.95 -23.75 -21.98 -14.74 63.16
Price-to-Operating Cash Flow Ratio
146.20 10.53 17.46 32.43K 15.16
Price-to-Earnings Growth (PEG) Ratio
-2.20 -1.02 -0.66 1.36 -0.05
Price-to-Fair Value
0.98 0.80 0.79 0.79 0.80
Enterprise Value Multiple
19.64 9.66 6.40 4.99 3.64
Enterprise Value
701.60B 538.37B 497.40B 433.17B 258.13B
EV to EBITDA
19.64 9.66 6.40 4.99 3.64
EV to Sales
1.01 0.75 0.69 0.69 0.48
EV to Free Cash Flow
-17.52 -25.15 -20.35 -13.12 34.30
EV to Operating Cash Flow
160.59 11.16 16.17 28.88K 8.23
Tangible Book Value Per Share
1.46K 1.38K 1.52K 1.34K 1.50K
Shareholders’ Equity Per Share
1.98K 1.86K 1.97K 1.72K 1.63K
Tax and Other Ratios
Effective Tax Rate
-0.52 -0.35 0.25 0.25 0.27
Revenue Per Share
2.11K 2.09K 2.07K 1.75K 1.47K
Net Income Per Share
25.87 17.86 94.03 125.46 116.23
Tax Burden
-1.22 1.35 0.76 0.82 0.76
Interest Burden
0.98 0.39 0.84 0.87 0.92
Research & Development to Revenue
0.12 0.00 0.11 0.11 0.11
SG&A to Revenue
0.00 0.41 0.22 0.37 0.35
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00 0.00
Income Quality
0.51 10.65 0.94 <0.01 0.73
Currency in JPY