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 |
| Cash | JP¥5.17t |
| Equity | JP¥13.70t |
| Total liabilities | JP¥17.61t |
| Total assets | JP¥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.