Hitachi Construction Machinery Balance Sheet Health
Financial Health criteria checks 3/6
Hitachi Construction Machinery has a total shareholder equity of ¥816.3B and total debt of ¥556.4B, which brings its debt-to-equity ratio to 68.2%. Its total assets and total liabilities are ¥1,752.5B and ¥936.2B respectively. Hitachi Construction Machinery's EBIT is ¥156.9B making its interest coverage ratio 6.5. It has cash and short-term investments of ¥144.7B.
Key information
68.2%
Debt to equity ratio
JP¥556.37b
Debt
| Interest coverage ratio | 6.5x |
| Cash | JP¥144.67b |
| Equity | JP¥816.35b |
| Total liabilities | JP¥936.20b |
| Total assets | JP¥1.75t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HCM's short term assets (¥1,003.6B) exceed its short term liabilities (¥610.3B).
Long Term Liabilities: HCM's short term assets (¥1,003.6B) exceed its long term liabilities (¥325.9B).
Debt to Equity History and Analysis
Debt Level: HCM's net debt to equity ratio (50.4%) is considered high.
Reducing Debt: HCM's debt to equity ratio has increased from 65.3% to 68.2% over the past 5 years.
Debt Coverage: HCM's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: HCM's interest payments on its debt are well covered by EBIT (6.5x coverage).