HKS Balance Sheet Health
Financial Health criteria checks 6/6
HKS has a total shareholder equity of ¥10.0B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are ¥13.3B and ¥3.3B respectively. HKS's EBIT is ¥518.0M making its interest coverage ratio -25.9. It has cash and short-term investments of ¥1.9B.
Key information
10.7%
Debt to equity ratio
JP¥1.07b
Debt
Interest coverage ratio | -25.9x |
Cash | JP¥1.90b |
Equity | JP¥10.04b |
Total liabilities | JP¥3.27b |
Total assets | JP¥13.31b |
Recent financial health updates
HKS (TYO:7219) Has A Rock Solid Balance Sheet
May 03Here's Why HKS (TYO:7219) Has A Meaningful Debt Burden
Jan 04Recent updates
HKS (TYO:7219) Has A Rock Solid Balance Sheet
May 03Here's Why I Think HKS (TYO:7219) Might Deserve Your Attention Today
Apr 11Would HKS Co., Ltd. (TYO:7219) Be Valuable To Income Investors?
Mar 15What HKS' (TYO:7219) Returns On Capital Can Tell Us
Feb 16Here's Why HKS (TYO:7219) Has A Meaningful Debt Burden
Jan 04Would HKS Co., Ltd. (TYO:7219) Be Valuable To Income Investors?
Dec 08Financial Position Analysis
Short Term Liabilities: 7219's short term assets (¥6.3B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 7219's short term assets (¥6.3B) exceed its long term liabilities (¥1.0B).
Debt to Equity History and Analysis
Debt Level: 7219 has more cash than its total debt.
Reducing Debt: 7219's debt to equity ratio has reduced from 16.9% to 10.7% over the past 5 years.
Debt Coverage: 7219's debt is well covered by operating cash flow (55%).
Interest Coverage: 7219 earns more interest than it pays, so coverage of interest payments is not a concern.