HOYA Balance Sheet Health
Financial Health criteria checks 5/6
HOYA has a total shareholder equity of ¥962.3B and total debt of ¥29.2B, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are ¥1,203.6B and ¥241.4B respectively. HOYA's EBIT is ¥221.0B making its interest coverage ratio -15.4. It has cash and short-term investments of ¥544.4B.
Key information
3.0%
Debt to equity ratio
JP¥29.24b
Debt
Interest coverage ratio | -15.4x |
Cash | JP¥544.40b |
Equity | JP¥962.26b |
Total liabilities | JP¥241.36b |
Total assets | JP¥1.20t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HYB0's short term assets (¥856.6B) exceed its short term liabilities (¥168.9B).
Long Term Liabilities: HYB0's short term assets (¥856.6B) exceed its long term liabilities (¥72.5B).
Debt to Equity History and Analysis
Debt Level: HYB0 has more cash than its total debt.
Reducing Debt: HYB0's debt to equity ratio has increased from 0.3% to 3% over the past 5 years.
Debt Coverage: HYB0's debt is well covered by operating cash flow (762%).
Interest Coverage: HYB0 earns more interest than it pays, so coverage of interest payments is not a concern.