Honda Motor Balance Sheet Health
Financial Health criteria checks 5/6
Honda Motor has a total shareholder equity of ¥12,334.6B and total debt of ¥9,170.1B, which brings its debt-to-equity ratio to 74.3%. Its total assets and total liabilities are ¥27,429.8B and ¥15,095.1B respectively. Honda Motor's EBIT is ¥1,123.2B making its interest coverage ratio -10.3. It has cash and short-term investments of ¥4,472.6B.
Key information
74.3%
Debt to equity ratio
JP¥9.17t
Debt
Interest coverage ratio | -10.3x |
Cash | JP¥4.47t |
Equity | JP¥12.33t |
Total liabilities | JP¥15.10t |
Total assets | JP¥27.43t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7267's short term assets (¥10,752.0B) exceed its short term liabilities (¥7,424.4B).
Long Term Liabilities: 7267's short term assets (¥10,752.0B) exceed its long term liabilities (¥7,670.7B).
Debt to Equity History and Analysis
Debt Level: 7267's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: 7267's debt to equity ratio has reduced from 83.3% to 74.3% over the past 5 years.
Debt Coverage: 7267's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 7267 earns more interest than it pays, so coverage of interest payments is not a concern.