Nichia Steel Works, Ltd.

Tokyo Stock Exchange 5658.T

Nichia Steel Works, Ltd. Interest Coverage Ratio for the year ending March 31, 2024: 114.60

Nichia Steel Works, Ltd. Interest Coverage Ratio is 114.60 for the year ending March 31, 2024, a 4.69% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Nichia Steel Works, Ltd. Interest Coverage Ratio for the year ending March 31, 2023 was 109.47, a -19.21% change year over year.
Nichia Steel Works, Ltd. Interest Coverage Ratio for the year ending March 31, 2022 was 135.49, a 116.61% change year over year.
Nichia Steel Works, Ltd. Interest Coverage Ratio for the year ending March 31, 2021 was 62.55, a 216.39% change year over year.
Nichia Steel Works, Ltd. Interest Coverage Ratio for the year ending March 31, 2020 was 19.77, a 35.69% change year over year.

Key data

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

Tokyo Stock Exchange: 5658.T

Nichia Steel Works, Ltd.

CEO	Mr. Toshinori Onishi
IPO Date	Jan. 1, 2001
Location	Japan
Headquarters	6-74 Doicho
Employees	835
Sector	Materials
Industries Steel Metals

Description

Nichia Steel Works, Ltd. manufactures and sells iron and steel products in Japan. It offers iron wires, zinc-plated iron wires, colored galvanized iron wires, and galvanized deformed coil rebars, as well as zinc, aluminum, and magnesium alloy plated iron wires; tertiary fences and wires; and civil engineering and architectural processed and pre-mesh processed products. The company also provides hard steel wires, galvanized steel wires, piano wires, zinc/aluminum/magnesium alloy plated steel wires, colored galvanized steel wires, steel flat wires, iron flat wires, deformed wires, stranded wires, coupling coils, and one-touch tunnels. In addition, it offers high strength and hexagon bolts, and hot dip galvanized high strength bolts. The company serves customers in industries, including construction and civil engineering, as well as agriculture, forestry, animal husbandry, fishery, electric power communication, and automobile industries. Nichia Steel Works, Ltd. was founded in 1908 and is headquartered in Amagasaki, Japan.

Key trends

Past 5 years