Nippon Electric Glass Co., Ltd.

Tokyo Stock Exchange 5214.T

Nippon Electric Glass Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2023: -21.57

Nippon Electric Glass Co., Ltd. Interest Coverage Ratio is -21.57 for the year ending December 31, 2023, a -178.76% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Nippon Electric Glass Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was 27.38, a -57.43% change year over year.
Nippon Electric Glass Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was 64.33, a 129.78% change year over year.
Nippon Electric Glass Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 28.00, a 204.77% change year over year.
Nippon Electric Glass Co., Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was -26.72, a -260.98% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Tokyo Stock Exchange: 5214.T

Nippon Electric Glass Co., Ltd.

CEO	Mr. Akira Kishimoto
IPO Date	Jan. 1, 2001
Location	Japan
Headquarters	7-1, Seiran 2-chome
Employees	5,578
Sector	Materials
Industries Glass

Description

Nippon Electric Glass Co., Ltd. manufactures and sells specialty glass products and glassmaking machinery in Japan, China, South Korea, the United States, Europe, and internationally. The company offers glasses substrates for FPD; glasses for chemical strengthening; glass fibers; thin film coatings; and glasses for optical devices and electronic devices. The company also provides heat resistant glasses; glass tubing for lighting, and pharmaceutical and medical use; and glasses for building materials. Nippon Electric Glass Co., Ltd. was incorporated in 1944 and is headquartered in Otsu, Japan.

Key trends

Past 5 years