Cash flow Nissan Motor Co Ltd

Equities

7201

JP3672400003

Auto & Truck Manufacturers

Market Closed - Japan Exchange Other stock markets 07:00:00 19/09/2024 BST			5-day change	1st Jan Change
402.10 ^JPY	+3.16%		+3.61%	-27.44%

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Published financial data: NISSAN MOTOR CO LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	8,716B	6,843B	7,393B	9,592B	11,583B
Finance Div. Revenues	1,163B	1,020B	1,032B	1,005B	1,103B
Total Revenues	9,879B	7,863B	8,425B	10,597B	12,686B
Cost of Goods Sold, Total	7,671B	6,156B	6,416B	8,251B	9,886B
Finance Div. Operating Exp.	772B	656B	654B	632B	733B
Gross Profit	1,436B	1,051B	1,354B	1,714B	2,067B
Selling General & Admin Expenses, Total	1,302B	1,113B	1,092B	1,271B	1,390B
Provision for Bad Debts	110B	33.23B	-42.49B	6.02B	44.27B
Depreciation & Amortization - (IS)	63.46B	54.16B	56.37B	58.35B	63.01B
Amortization of Goodwill and Intangible Assets - (IS)	1.68B	1.06B	1.02B	1.32B	1.24B
Other Operating Expenses, Total	1,476B	1,201B	1,107B	1,337B	1,498B
Operating Income	-40.47B	-151B	247B	377B	569B
Interest Expense, Total	-10.87B	-36.48B	-55.95B	-63.04B	-78.03B
Interest And Investment Income	28.55B	16.21B	19.96B	39.36B	63.7B
Net Interest Expenses	17.68B	-20.28B	-35.99B	-23.69B	-14.33B
Income (Loss) On Equity Invest.	86.55B	-55.86B	94.3B	171B	113B
Currency Exchange Gains (Loss)	-63.24B	42.43B	-8.9B	-51.95B	-69.16B
Other Non Operating Income (Expenses)	43.54B	-36.87B	9.4B	42.69B	103B
EBT, Excl. Unusual Items	44.05B	-221B	306B	515B	702B
Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	78.1B	-	-
Gain (Loss) On Sale Of Assets	-12.69B	2.94B	16B	-43.54B	-3.86B
Asset Writedown	-541B	-9.11B	-16.97B	-8.62B	-58.97B
Insurance Settlements	-	-	-	-	-
Legal Settlements	-	-	-	-	-40.97B
Other Unusual Items	-63.74B	-112B	958M	-60.86B	868M
EBT, Incl. Unusual Items	-573B	-339B	384B	402B	599B
Income Tax Expense	93.16B	92.6B	145B	161B	150B
Earnings From Continuing Operations	-666B	-432B	239B	241B	450B
Net Income to Company	-666B	-432B	239B	241B	450B
Minority Interest	-5.04B	-16.77B	-23.24B	-19.3B	-22.9B
Net Income - (IS)	-671B	-449B	216B	222B	427B
Net Income to Common Incl Extra Items	-671B	-449B	216B	222B	427B
Net Income to Common Excl. Extra Items	-671B	-449B	216B	222B	427B
Per Share Items
Net EPS - Basic	-171.54	-114.67	55.07	56.67	110.47
Basic EPS - Continuing Operations	-171.54	-114.67	55.07	56.67	110.47
Basic Weighted Average Shares Outstanding	3.91B	3.91B	3.91B	3.92B	3.86B
Net EPS - Diluted	-171.54	-114.67	55.07	56.67	110.47
Diluted EPS - Continuing Operations	-171.54	-114.67	55.07	56.67	110.47
Diluted Weighted Average Shares Outstanding	3.91B	3.91B	3.91B	3.92B	3.86B
Normalized Basic EPS	5.75	-39.62	42.94	77.35	107.7
Normalized Diluted EPS	5.75	-39.62	42.94	77.34	107.7
Dividend Per Share	10	-	5	10	20
Payout Ratio	-22.44	-	-	8.82	13.77
American Depositary Receipts Ratio (ADR)	2	2	2	2	2
Supplemental Items
EBITDA	345B	109B	545B	712B	920B
EBITA	-38.79B	-150B	248B	378B	570B
EBIT	-40.47B	-151B	247B	377B	569B
Effective Tax Rate - (Ratio)	-16.26	-27.29	37.85	40.07	24.98
Total Current Taxes	64.49B	76.67B	79.98B	197B	234B
Total Deferred Taxes	28.67B	15.92B	65.46B	-35.38B	-83.91B
Normalized Net Income	22.49B	-155B	168B	303B	416B
Non-Cash Pension Expense	-1.07B	4.36B	-30.63B	-38.21B	-21.58B
Supplemental Operating Expense Items
Advertising Expense	281B	233B	248B	284B	322B
Selling and Marketing Expenses	625B	429B	414B	495B	625B
Research And Development Expense From Footnotes	545B	503B	484B	522B	610B
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1,295B	1,745B	1,342B	1,684B	1,785B
Short Term Investments	261B	162B	361B	216B	236B
Total Cash And Short Term Investments	1,556B	1,907B	1,703B	1,900B	2,020B
Accounts Receivable, Total	348B	510B	379B	561B	605B
Total Receivables	348B	510B	379B	561B	605B
Inventory	1,340B	1,140B	1,364B	1,703B	2,056B
Finance Division Loans and Leases Current	6,613B	6,050B	6,159B	6,359B	7,294B
Finance Division Other Current Assets, Total	87.38B	127B	89.67B	114B	112B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	732B	616B	620B	731B	797B
Total Current Assets	10,676B	10,350B	10,316B	11,368B	12,884B
Net Property Plant And Equipment	2,107B	2,203B	2,300B	2,368B	2,465B
Long-term Investments	1,170B	1,125B	1,051B	1,171B	1,368B
Goodwill	4.64B	3.59B	2.56B	8.26B	7.02B
Other Intangibles, Total	110B	118B	117B	164B	179B
Finance Division Other Long-Term Assets, Total	2,418B	2,180B	2,069B	2,007B	2,310B
Loans Receivable Long-Term	11.16B	9.58B	4.9B	9.71B	9.66B
Deferred Tax Assets Long-Term	228B	162B	157B	192B	188B
Deferred Charges Long-Term	-	7.22B	6.4B	5.43B	4.02B
Other Long-Term Assets, Total	251B	295B	348B	304B	440B
Total Assets	16,977B	16,452B	16,371B	17,599B	19,855B
Liabilities
Accounts Payable, Total	1,334B	1,464B	1,358B	1,866B	2,177B
Accrued Expenses, Total	1,031B	1,034B	841B	979B	1,119B
Short-term Borrowings	2,066B	-	-	-	-
Current Portion of Long-Term Debt	2,592B	-	-	-	-
Current Portion of Leases	35.1B	42.84B	47.59B	49.79B	46.48B
Finance Division Debt Current	469M	3,261B	2,960B	2,832B	2,402B
Finance Division Other Current Liabilities, Total	23.12B	37.57B	38.07B	46.63B	52.03B
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	983B	887B	899B	996B	1,131B
Total Current Liabilities	8,065B	6,726B	6,143B	6,769B	6,927B
Long-Term Debt	83.05B	1,359B	1,352B	1,541B	1,731B
Long-Term Leases	71.48B	74.16B	85.43B	84.34B	89B
Finance Division Debt Non Current	3,059B	2,862B	2,687B	2,532B	3,544B
Pension & Other Post Retirement Benefits	454B	258B	191B	185B	154B
Deferred Tax Liability Non Current	243B	264B	321B	299B	267B
Other Non Current Liabilities	575B	568B	562B	573B	673B
Total Liabilities	12,552B	12,112B	11,342B	11,983B	13,385B
Common Stock, Total	606B	606B	606B	606B	606B
Additional Paid In Capital	818B	817B	816B	811B	826B
Retained Earnings	4,125B	3,630B	3,843B	4,048B	4,286B
Treasury Stock	-139B	-139B	-138B	-136B	-111B
Comprehensive Income and Other	-1,345B	-969B	-547B	-194B	376B
Total Common Equity	4,064B	3,945B	4,581B	5,135B	5,982B
Minority Interest	360B	395B	449B	480B	489B
Total Equity	4,425B	4,340B	5,030B	5,615B	6,471B
Total Liabilities And Equity	16,977B	16,452B	16,371B	17,599B	19,855B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3.91B	3.91B	3.91B	3.91B	3.74B
ECS Total Common Shares Outstanding	3.91B	3.91B	3.91B	3.92B	3.74B
Book Value / Share	1.04K	1.01K	1.17K	1.31K	1.6K
Tangible Book Value	3,949B	3,823B	4,461B	4,962B	5,795B
Tangible Book Value Per Share	1.01K	976.83	1.14K	1.27K	1.55K
Total Debt	7,908B	7,599B	7,132B	7,039B	7,811B
Net Debt	6,352B	5,692B	5,429B	5,139B	5,791B
Debt Equivalent of Unfunded Proj. Benefit Obligation	444B	228B	135B	129B	8.62B
Minority Interest, Total (Incl. Fin. Div)	360B	395B	449B	480B	489B
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	391B	426B	635B	671B	676B
Inventories - Work In Process, Total	67.86B	66.17B	83.94B	90.31B	100B
Inventories - Finished Goods, Total	882B	648B	646B	942B	1,279B
Full Time Employees	136K	131K	134K	132K	134K
Accumulated Allowance for Doubtful Accounts (Supple)	7.63B	6.21B	19.48B	20.94B	16.88B

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	-671B	-449B	216B	222B	427B
Depreciation & Amortization - CF	384B	258B	297B	334B	350B
Amortization of Goodwill and Intangible Assets - (CF)	1.68B	1.06B	1.02B	1.32B	1.24B
Depreciation & Amortization, Total	386B	259B	298B	335B	352B
Amortization of Deferred Charges, Total - (CF)	482B	450B	392B	358B	326B
(Gain) Loss From Sale Of Asset	12.69B	-2.94B	-16B	43.48B	3.86B
(Gain) Loss on Sale of Investments - (CF)	-3.03B	-	-78.1B	-	-
Asset Writedown & Restructuring Costs	580B	-11.41B	-25.84B	-34.93B	41.96B
(Income) Loss On Equity Investments - (CF)	-86.55B	55.86B	-94.3B	-171B	-113B
Other Operating Activities, Total	29.94B	113B	17.99B	57.78B	34.61B
Change In Accounts Receivable	142B	-139B	140B	-168B	-28.9B
Change In Inventories	-119B	283B	-12.5B	-197B	-112B
Change In Accounts Payable	-256B	23.26B	-414B	543B	280B
Change in Other Net Operating Assets	688B	740B	425B	231B	-250B
Cash from Operations	1,186B	1,323B	847B	1,221B	961B
Capital Expenditure	-1,579B	-1,182B	-1,124B	-1,134B	-1,628B
Sale of Property, Plant, and Equipment	793B	760B	789B	713B	833B
Cash Acquisitions	-933M	-	-	-9.73B	-
Divestitures	1.75B	8.99B	154M	-25.57B	6.91B
Investment in Marketable and Equity Securities, Total	-8.25B	2.44B	159B	670M	-50.41B
Net (Increase) Decrease in Loans Originated / Sold - Investing	128M	684M	-2.88B	1.55B	22.9B
Other Investing Activities, Total	84.69B	40.91B	31.63B	6.43B	2.22B
Cash from Investing	-709B	-369B	-147B	-447B	-813B
Short Term Debt Issued, Total	509B	-	121B	-	-
Long-Term Debt Issued, Total	1,816B	3,505B	1,609B	1,564B	2,414B
Total Debt Issued	2,325B	3,505B	1,730B	1,564B	2,414B
Short Term Debt Repaid, Total	-	-1,056B	-	-149B	-381B
Long-Term Debt Repaid, Total	-2,327B	-3,076B	-2,814B	-2,053B	-1,952B
Total Debt Repaid	-2,327B	-4,132B	-2,814B	-2,203B	-2,333B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-2M	-	-2M	-1M	-120B
Common Dividends Paid	-151B	-	-	-19.57B	-58.76B
Common & Preferred Stock Dividends Paid	-151B	-	-	-19.57B	-58.76B
Other Financing Activities, Total	-2.52B	-13.11B	-8.93B	-12.34B	-33.94B
Cash from Financing	-155B	-640B	-1,093B	-671B	-132B
Foreign Exchange Rate Adjustments	-43.95B	76.93B	145B	112B	95.14B
Miscellaneous Cash Flow Adjustments	6.2B	135M	5.93B	5.86B	-
Net Change in Cash	284B	391B	-241B	222B	112B
Supplemental Items
Cash Interest Paid	204B	180B	175B	198B	285B
Cash Income Tax Paid (Refund)	136B	48.49B	94.83B	154B	227B
Levered Free Cash Flow	-3,901B	-1,258B	-1,073B	-475B	-1,878B
Unlevered Free Cash Flow	-3,894B	-1,236B	-1,038B	-435B	-1,829B
Change In Net Working Capital	3,158B	669B	758B	231B	1,234B
Net Debt Issued / Repaid	-2.32B	-627B	-1,084B	-639B	81.12B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	-0.14	-0.56	0.94	1.39	1.9
Return on Total Capital	-0.19	-0.78	1.28	1.9	2.64
Return On Equity %	-13.26	-9.86	5.1	4.53	7.44
Return on Common Equity	-14.33	-11.2	5.06	4.57	7.68
Margin Analysis
Gross Profit Margin %	14.54	13.36	16.07	16.17	16.29
SG&A Margin	13.18	14.16	12.96	11.99	10.95
EBITDA Margin %	3.5	1.38	6.47	6.72	7.26
EBITA Margin %	-0.39	-1.9	2.95	3.57	4.49
EBIT Margin %	-0.41	-1.92	2.94	3.56	4.48
Income From Continuing Operations Margin %	-6.74	-5.49	2.83	2.28	3.54
Net Income Margin %	-6.79	-5.71	2.56	2.09	3.36
Net Avail. For Common Margin %	-6.79	-5.71	2.56	2.09	3.36
Normalized Net Income Margin	0.23	-1.97	2	2.86	3.28
Levered Free Cash Flow Margin	-39.49	-16	-12.73	-4.48	-14.8
Unlevered Free Cash Flow Margin