Harmonic Drive Systems Balance Sheet Health
Financial Health criteria checks 4/6
Harmonic Drive Systems has a total shareholder equity of ¥80.9B and total debt of ¥17.2B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are ¥118.4B and ¥37.5B respectively.
Key information
21.2%
Debt to equity ratio
JP¥17.15b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥19.80b |
| Equity | JP¥80.92b |
| Total liabilities | JP¥37.46b |
| Total assets | JP¥118.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K3R's short term assets (¥47.5B) exceed its short term liabilities (¥11.6B).
Long Term Liabilities: K3R's short term assets (¥47.5B) exceed its long term liabilities (¥25.9B).
Debt to Equity History and Analysis
Debt Level: K3R has more cash than its total debt.
Reducing Debt: K3R's debt to equity ratio has increased from 6.3% to 21.2% over the past 5 years.
Debt Coverage: K3R's debt is well covered by operating cash flow (44.6%).
Interest Coverage: Insufficient data to determine if K3R's interest payments on its debt are well covered by EBIT.