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
Is Honma Golf (HKG:6858) Using Too Much Debt?
Aug 16
Is Honma Golf (HKG:6858) A Risky Investment?
Dec 23
Recent updates
Returns At Honma Golf (HKG:6858) Appear To Be Weighed Down
Jan 30The Returns On Capital At Honma Golf (HKG:6858) Don't Inspire Confidence
Jun 08Here's Why Some Shareholders May Not Be Too Generous With Honma Golf Limited's (HKG:6858) CEO Compensation This Year
Sep 09Is Honma Golf (HKG:6858) Using Too Much Debt?
Aug 16Honma Golf (HKG:6858) Might Be Having Difficulty Using Its Capital Effectively
Jul 21Is Honma Golf Limited (HKG:6858) A Risky Dividend Stock?
Mar 10Did Honma Golf Limited (HKG:6858) Insiders Sell Shares?
Feb 17What Type Of Shareholders Own The Most Number of Honma Golf Limited (HKG:6858) Shares?
Jan 28Would Shareholders Who Purchased Honma Golf's (HKG:6858) Stock Three Years Be Happy With The Share price Today?
Jan 11Is Honma Golf (HKG:6858) A Risky Investment?
Dec 23Do These 3 Checks Before Buying Honma Golf Limited (HKG:6858) For Its Upcoming Dividend
Dec 05We're Watching These Trends At Honma Golf (HKG:6858)
Nov 17Financial Position Analysis
Short Term Liabilities: 6858's short term assets (¥33.5B) exceed its short term liabilities (¥11.8B).
Long Term Liabilities: 6858's short term assets (¥33.5B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 6858 has more cash than its total debt.
Reducing Debt: 6858's debt to equity ratio has increased from 10.6% to 23.4% over the past 5 years.
Debt Coverage: 6858's debt is well covered by operating cash flow (55.8%).
Interest Coverage: 6858's interest payments on its debt are well covered by EBIT (22.2x coverage).