HORIBA Balance Sheet Health
Financial Health criteria checks 6/6
HORIBA has a total shareholder equity of ¥288.7B and total debt of ¥63.0B, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are ¥445.9B and ¥157.2B respectively. HORIBA's EBIT is ¥48.7B making its interest coverage ratio -25.3. It has cash and short-term investments of ¥130.2B.
Key information
21.8%
Debt to equity ratio
JP¥63.00b
Debt
| Interest coverage ratio | -25.3x |
| Cash | JP¥130.22b |
| Equity | JP¥288.72b |
| Total liabilities | JP¥157.21b |
| Total assets | JP¥445.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 01H's short term assets (¥313.7B) exceed its short term liabilities (¥92.6B).
Long Term Liabilities: 01H's short term assets (¥313.7B) exceed its long term liabilities (¥64.7B).
Debt to Equity History and Analysis
Debt Level: 01H has more cash than its total debt.
Reducing Debt: 01H's debt to equity ratio has reduced from 25.5% to 21.8% over the past 5 years.
Debt Coverage: 01H's debt is well covered by operating cash flow (36.5%).
Interest Coverage: 01H earns more interest than it pays, so coverage of interest payments is not a concern.