Honda Motor Balance Sheet Health

Financial Health criteria checks 4/6

Honda Motor has a total shareholder equity of ¥13,697.7B and total debt of ¥11,052.0B, which brings its debt-to-equity ratio to 80.7%. Its total assets and total liabilities are ¥31,312.0B and ¥17,614.3B respectively. Honda Motor's EBIT is ¥1,472.2B making its interest coverage ratio -10.8. It has cash and short-term investments of ¥5,170.1B.

Key information

80.7%

Debt to equity ratio

JP¥11.05t

Debt

Interest coverage ratio-10.8x
CashJP¥5.17t
EquityJP¥13.70t
Total liabilitiesJP¥17.61t
Total assetsJP¥31.31t

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: HDMA's short term assets (¥12,285.2B) exceed its short term liabilities (¥8,967.5B).

Long Term Liabilities: HDMA's short term assets (¥12,285.2B) exceed its long term liabilities (¥8,646.8B).


Debt to Equity History and Analysis

Debt Level: HDMA's net debt to equity ratio (42.9%) is considered high.

Reducing Debt: HDMA's debt to equity ratio has reduced from 84.3% to 80.7% over the past 5 years.

Debt Coverage: HDMA's debt is not well covered by operating cash flow (4.3%).

Interest Coverage: HDMA earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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