Honma Golf Balance Sheet Health
Financial Health criteria checks 5/6
Honma Golf has a total shareholder equity of ¥27.9B and total debt of ¥6.5B, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are ¥41.9B and ¥13.9B respectively. Honma Golf's EBIT is ¥3.5B making its interest coverage ratio 22.2. It has cash and short-term investments of ¥16.7B.
Key information
23.4%
Debt to equity ratio
JP¥6.54b
Debt
Interest coverage ratio | 22.2x |
Cash | JP¥16.66b |
Equity | JP¥27.94b |
Total liabilities | JP¥13.93b |
Total assets | JP¥41.86b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HF5's short term assets (¥33.5B) exceed its short term liabilities (¥11.8B).
Long Term Liabilities: HF5's short term assets (¥33.5B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: HF5 has more cash than its total debt.
Reducing Debt: HF5's debt to equity ratio has increased from 10.6% to 23.4% over the past 5 years.
Debt Coverage: HF5's debt is well covered by operating cash flow (55.8%).
Interest Coverage: HF5's interest payments on its debt are well covered by EBIT (22.2x coverage).